ONE

Medium_Remote_4149

ONE QUESTION: WHAT IF 20M BTC is mined? im curious ngl

bigbarryb

So to try to break it down, I will illustrate mining as a mathematical formula: \`\`\` (B + n) \* H < 1000 \`\`\` \`B\` stands for block, \`H\` stands for Hashing and \`n\` stands for nonce. The goal is to find \`n\`. Obviously mining is much more complex that addition and multiplication, imagine that the multiplication symbol meant "scramble in some way and then multiply". So can there be many nonces that provide a valid result? Yes, the answer could be anything below 1000 so there is room for multiple answers to \`n\`. Whoever can find the nonce first wins? Not quite but usually yes. The whole point of needing to mine is that there is a latency issue over the internet. If I send out two transactions, one where I pay you 1 BTC, and one where I pay that same 1 BTC to myself, there is a chance that some people will see the payment to YOU first while others see the payment to ME first. Which one came first? It is not a knowable thing. Therefore, instead we MUST rely on an authority to DECIDE on the order. Mining is a probabilistic technology that EVENTUALLY gives us an answer. If two or more miners solve the same block around similar times, nodes will just keep both until there is more information to resolve it. Everyone chooses the first one they saw as the truth for now, but they also keep the other one around in case the truth changes. Other miners will pick their favourite block and mine on top of it. Eventually ONE miner will win the next block and that block has the previous block named within it. So that becomes the extra information that other nodes needed to discard the other block. Now, this could TECHNICALLY happen a second time, two miners find a block for position 100, then two different miners find a block for position 101 and they didn't even choose the same block as the parent, so we end up with a fork: \`\`\` |-> \[100\] -> \[101\] \[99\] ->| |-> \[100\] -> \[101\] \`\`\` Two block-chains born of a shared ancestor growing at the same or similar speed. Fortunately, the chances of this happening are low, and the chances of it happening again is lower, and the chances of it happening again and again is much lower. It's like rolling double 6 with dice; once, cool, twice, hmm, three times, maybe you're cheating? It can't go on forever in a fair dice rolling game. We know that 5 blocks deep, all forks will be resolved naturally, the chances of it getting 5 blocks in and we still don't know which is the correct chain is practically impossible. Eventually, one of the chains peak forward and all miners are back to working on the same parent block and the chain is back to a straight line. The point is, the blockchain PROVIDES order, and it does it through this wonderfully complex sounding but simple statistical process. It isn't always the first block that wins, in fact we don't know who wins until the blockchain tells us who won \~5 blocks later. Difficulty adjustment is a very interesting topic. So I showed a formula above, what if I could change the 1000 target to 2000? That might make it easier to solve, and 500 might make it harder. Well it is part of the rules of the protocol that every 2016 blocks, the target recalculated using data from the last 2016 blocks and that is the target that miners must hit. Exact calculation is predetermined, all miners know it, all nodes know it, and so every node can do its job to validate that the miners are still hitting their targets and every miner knows when they have hit the target. Inside every block is a timestamp which allows the calculation algorithm to make a prediction about how fast on average blocks are being produced. The algorithm uses this information in order to choose a new target that would achieve 10 minute average blocks. The timestamps COULD be fake, maliciously chosen by miners in the hopes of manipulating Bitcoin in their favour by making mining easier so that miners can win blocks and earn rewards faster than intended, faster than every 10 minutes. There are other rules and safeguards to prevent this. I am not going to dig that deep here, but just like the mechanism of a watch, every cog, gear and divet is purposefully configured to ensure that even though the system is in constant tension and wants to just break apart, it just works in harmony.

ProprietaryIsSpyware

For one bitcoin is not volatile, for two, I don't think you understand bitcoin well enough, bitcoin is not a penny stock to be afraid of, it's IMPOSSIBLE to ban bitcoin, NO ONE, can take my bitcoin away from me, NO ONE, can prohibit me from sending or receiving bitcoin. I can send billions of dollars across the world within 10 minutes with a fee of 30 cents. I can cross borders with billions of dollars just by remembering 12 words and no one can stop me. There is nothing like bitcoin and there will never be anything like bitcoin ever again. Zoom out, the price of Bitcoin is irrelevant to it's use.

JerryLeeDog

ONE is an OG shitcoin Doge is still pretty new All shitcoins have the same fate anyway

ultron290196

We are in one. Holy shit. I said the VIX spike is a warning indicator of ONE. So yes we are in a Recession. Im not changing my stance. I'm in fact providing more data points to prove my point.

HesitantInvestor0

I didn’t say the theory isn’t precise, I said that with millions of predictions and thousands of models flying around, it isn’t surprising to find some that seem to work. This is a bit like the story of how when a woman won the lottery twice, statisticians put the likelihood at 1 in 7 trillion. Twenty years later it was revised down to 1 in 30. The reason? They had initially been trying to calculate the probability that ONE specific person would win twice, rather than one out of hundreds of millions who play the lottery winning twice. This situation is the same kind of thing.

sortofhappyish

Want 200 IQ? simply answer ONE question in the first 3 seconds, then quit the test. The score is calculated on right/wrong answers AND total time taken. Get that first question right and you'll show as a ridiculously insane IQ.

cyger

Meanwhile the SEC is targeting well meaning, market leading, law biding firms, and protecting NO ONE.

Cryptofinkle

Superb project going to be the BIG ONE!

Striking_Sample_9385

get a fucking ledger and become competent in how this works now- if u fuck up there is NO ONE u can call to help u retrieve funds. Exchanges are terrible as well. Ledger . you tube. DYOR

rocklikejohnny

No ONE CARES

Antique_Ad2106

King of Reddit! $HEGE IS THE ONE

Interesting_Ebb9052

NO ONE can predict bitcoins next move! NOT ONE HUMAN ON THIS PLANET!

BlazingPalm

I ask a lot of people that I work with and know their opinion on BTC, and nearly everyone either hasn’t heard of it, vaguely knows it’s a scam, or strongly feels it’s a scam. The only people that were receptive (about 3-4) I orange-pilled, haha. Actually, there is ONE person that I know that owns BTC and other crypto that wasn’t introduced to it by me. Totally anecdotal, but to me, that is what says we’re in early stage still.

Moist-Pickle-2736

There is ONE condition that drives price up: buyers outweigh sellers. There is ONE condition that drives price down: sellers outweigh buyers. That’s fucking it.

never_safe_for_life

Well sure, it’s gone up for 15 years straight. And probably will next year. And the year after that. And the year after that. Etc. But one day, ONE DAY it’ll go down. You’ll see 😏

Tempestuous-Man

It absolutely blows my mind how people get so focussed on bashing this dude while people that have been politicians FOR DECADES have been violating all kinds of laws, ethical standards, and profiting off their positions, WHICH SHOULD BE public servants! I don't like him and I didn't vote for him FYI. Im simply calling out how hypocritical many of you are. You give a pass to all these politicians where it has been PROVEN time and time again that they've leveraged their positions for power and money, yet y'all stay quiet?? So no, in not concerned in the least bit the impact ONE MAN can have when our entire govt is corrupt, taking advantage of the system, and causing much more of an impact than simply he can.

viralthis

In term of hollywood movie plot a super villian would do something like that to end the world economy when bitcoin becomes the ONE currency and that day stahoshi will pull the plug and bring total destruction.

TexasBoyz-713

ONE

zxsmart

I think you are generally arriving at reasonable conclusions, however you are wrong about Bitcoin/money being for spending. This is like someone saying a battery is for delivering electrical energy to something. This is a fundamentally incorrect analysis. The battery is for storing the (economic) energy. Suppose you lived in a world where people transacted in Chuck-E-Cheese tokens. You would not store your energy in these tokens. You would store your energy in the best money and then adjust to whatever the other part of a transaction wanted. In actuality, the only can have any transaction functionality is if the underlying unit has value, and the only way any monetary unit can have value is if people are saving/storing energy in it. I can also PROOVE this. Suppose you have 2 bags of currencies, A and B. Suppose you know A will retain its value and B will be worth 50% less in 1 year. You must spend ONE of these bags now and you must retain the other. Of course you will spend B and retain A. Why do you keep A instead of B? You keep A because ****** A IS MORE USEFUL TO YOU THAN B *****

Every_Hunt_160

He went from whale to becoming ONE OF US

FlatwormFuture4436

This is crazy I just did the same thing Monday and they are not letting me get my money or getting to my account. I tried to confirm my phone number until I reached the maximum times I was putting in the right code every time. NO ONE WILL RESPOND TO ME

Plastic-Collar-4936

Your joke is bad and you should feel bad. 🤣 Got me. Enjoy it because you get ONE.

Todo_es

Mhhh... that "side if things" is 100% your fault. You had ONE job... an easy and simple one

grndslm

Bitcoin is literally designed the most optimal way to be MONEY... from the ground up. Every decision that any other coin makes is either to imitate it, or more likely, because it did NOT gain consensus in the Bitcoin camp (see: Hijacking Bitcoin). There may be a few digital currencies, probably with niche use-cases. But there will be only ONE digital \*money\*, which holds its value best.. and that is and will continue to be Bitcoin.

MDC2957

I had a lot more cash in my pocket under Trump. She's a moron who needs an emotional support running mate so she can give ONE softball interview with CNN. So lame it's ridiculous.

CincyBrandon

For people making over $100,000,000 IN ONE YEAR?? Hell no, no problem whatsoever.

sortofhappyish

"friend" manages to extract your seed phrase/wallet. Finds out it contains exactly ONE Satoshi. Totally worth it (for you).

raindropl

Wait until $100k a coin and sell ONE coin, use the proceeds for down payment ; the interest will be tax deductible from your income and part of the monthly payment goes towards equity; buy carefully and try to at least after deductions your monthly out of pocket is similar to renting.

Nightmare_Tonic

Donald Trump does not give ONE FUCK about blockchain tech, cryptocurrency, or middle class investors.

0ToTheLeft

don't go into Bitcoin expecting the price to do what you think it's logical, or create imaginary price barriers that BTC won't break because "it doesn't make sense" or "this time is different". Every single person that has said that in the past 10 years got burned, EVERY SINGLE ONE OF THEM. We are always one financial crisis or black swarn event away from price collapsing, all degens getting liquidated and media calling Bitcoin dead again for the 95323th time. It has happend before many times, and it will happend again, and after all that the price will recover yet again and bitcoin will still be bitcoin.

sortofhappyish

best way around this is self-generating encryption keys, so each key is 100% unique to each pair of users. NO-ONE then can decrypt anything.

mpanning

get a bag of ETC. stay away from ONE it’s a waste of an investment unless you want 5% APY on binance

maynardstaint

When Jp Morgan is got to sell its own holdings, they have to annonce it ONE YEAR in advance. When ethereum does it, they don’t give ANY NOTICE to their holders. When they sell, they are profiting directly from These holders. If they announced, the holders wouldn’t get hurt in the process, like they do now.

JGdc12

I'm just getting into Crypto and I've starting building my portfolio. I'm leaning towards ETC, ONE, LUNA, FTT, WLD. Any crypto veterans out there willing to give me their thoughts?

linustits

It’s a iphone so it’s pretty safe. As long as NO ONE ELSE has access to your phone and password. The reason they say it isn’t safe is I can find your password and steal your phone and get the phrase if I wanted too. So alpha numeric password on the phone is a must.

rat828

ONE OF US! ONE OF US! Welcome to the club, buddy

piggleii

Yes. ONE to $0.01! Because it's the ONE! There can be only ONE! /s 🙄

coralluv

Anyone think ONE will perform again this cycle?

Cryptofinkle

Hege is the next BIG ONE! Don't miss out again and regret it!

jetylee

Lots of bad advice here, sorry. If you are "Married Filing Joint" then you are ONE taxpayer. its simply a wallet move and not taxable if you didn't trade it.

WineMakerBg

They are the VCs of Crypto. Binance holds major stakes in ONE and COS. Both about to become obsolete. Binance must have cashed out long time ago. Or write off a loss. Playing the game. It's a pocket money for them.

Adventurous_Ice_8587

You are my idol. Anytime somebody is honest with themselves one thing I know they love themselves and they are 90% possibly in control of their emotions. Much love caramel entire. I was kicked out of a group and labeled bullying + harassment. It’s a group of people that keep Rats as pets, That’s cool whatever you wanna keep as a pet is cool. ONE EXCEPTION IS “keystone species” snakes and Rats are on the other side, the nuisance species. So regardless of my intent on the comment, really I wasn’t being rude to anybody. If they would’ve asked me a question I would’ve said I had a snake a bird and the mouse that lived together in the same cage and I could drop another mouse in that cage and the snake would eat the other mouse.I started with snakes and scorpions. so I just replied “oh that guy would love to have a hug from my Snake.” so a bunch of them berated me and I don’t know why but earlier in the thread we were talking about you know if we if people were in a relationship and I said I’ve been single for 10 years. I didn’t put that it was by choice and I have dated a lot of women through that 10 years. I had chosen to stay out of a committed relationship. That didn’t stop me from being monogamous if I was entertaining a woman for more than a “slumber party”. She just assumed like most people on social media instead of doing what it was made for in communicating asking a questioning . I usually get the reply that I am a jerk or I’m not gonna read, that’s way too long. OK that’s fine. A paragraph doesn’t take me that long to read and if I ask anyone to give me feedback. it’s because I truly want to know. Quite a few people ask just because it’s a muscle memory like saying hello.

jn03cvrehn0hsc9h

“apparently”? Provide ONE SOURCE to back up your claims.

Adventurous_Ice_8587

Gotcha, still legal now. If you need any just questions and answers, you can hit me up. I can help you find those original public private keys and those generate your seed phrase so if you don’t have your seed phrase, then yes you will need to get a hold of that original file so you probably don’t remember the date since they were 10 of 18 maybe you remember something else you download just I got an idea if you wanna DM me but you can just look for when you downloaded tour and everything for the silk road and then obviously you probably did your BTC through There since, as you know back in the day, we had to write code to do it or buy them on silk Road from the guy in the mail. You know the king whatever so yeah dude if you need any help, just send me a message man if I don’t blow that message up or reply to me again because, most people are not on this page but this page they hate me because I write long messages. Sorry I’m trying to help. LOL. YOU ARE FREE TO CONTACT ME WHENEVER SO THEY’RE ON ONE OF THOSE AND HOPEFULLY THEY WOULD’VE LISTED NEVER MIND THEIR COPS THEY GAVE ME A RECEIPT FOR 25 GRAND WHILE THE ROOKIE COP GAVE ME A RECEIPT FOR THE 50 GRAND THAT THEY TOOK SO MY CHARGES WERE DROPPED Sorry about the THAT was not meant I did not mean to act like I was yelling only on the lol

Mega_2018

**From Snapshot, co-founder of Glue:** There is a super in-depth description in our docs here: [~https://docs.glue.net/white-papers/white-paper-governance/summary-of-glues-capital-raising-efforts~](https://docs.glue.net/white-papers/white-paper-governance/summary-of-glues-capital-raising-efforts) Besides the facts, a few more nuances I’d like to add: We purposely did not raise a huge amount of money early on. Our goal was to get to main net and a liquid token without having massive VC allocations that would likely end up ruining the market in the long term and we did quite well. Depending on the token release price on launch, NO ONE, including Seed contributors, will be up more than about 6X. This means there will not be a massive amount of sell pressure immediately from people that got in really early.  We raised $5M total so far and expect that many if not most of the early contributors will long stake their tokens as they are long term supporters.

99Beers

BTC is not going to $13M or $1M. Why? NO ONE USES IT? Buying BTC and storing it under your mattress is the only use case. The Narrative of Digital Gold is just copium as the BTC trying to validate why they buy/hold BTC. Hard money? We can programmatically make a harder currency with the snap of our fingers. Peer to peer currency? Stablecoins are the actually peer to peer currency. BTC is at end of life. All the stuff we use in Technology, first and foremost. How many of you still use a cell phone from 2009?

simmol

Mate. I wouldn't even expect 4x. A lot of the alts are 90% down and they probably won't even get to 50% of their 2021 ATH level. Also, market conditions are far worse than 2021 and you won't have gullible retailers coming in to buy the top this time around. I Just remember. EVERYONE will be selling and NO ONE will want to hold any of the alts from 2025 to 2028. So exit fast.

simmol

There will be an altseason but veterans in this market realize that it pumped and dumped in 2017/18 and it pumped and dumped in 2021. At this point, NO ONE (if you are being truthful) will be holding throughout next cycle as everyone is goin to sell. And unfortunately, the whales recognize this and there is no way that they will let the retail bag holders sell the top. This indicates to me that the altseason will be far short-lived than before. So if alts start running, take whatever you get, and sell early. Everyone is prepared to run out the door this upcoming altseason and you only have yourself to blame if you bag hold again.

MichaelAischmann

Does anyone know why my flair doesn't update? I got 14 on NOVA & 68 on ONE. I added 61 MOON 4 days ago.

biba8163

That ONE aspect of trustlessness creates a non-centralized system that 100% guarantees that my funds won't be frozen, stolen; my transactions won't be censored, blocked; that I can retain self custody as long as the network functions. No matter how much trust I have in Coinbase, a bank, MasterCard, Visa, USDC none of them can provide me that 100% guarantee. That's a huge deal -- never in history have we had this sort of thing.

HSuke

Yeah. That's just ONE aspect of trustlessness concerning mining, validation, and node. You can participate in it yourself. But even then, how many of us are directly running solo mining/validators and full nodes?

Funny-Arugula5816

3/3 "*This leads to their being convinced by frankly absurd narratives, such as scarcity implying value, the comparison with gold (a questionable asset in itself), or decentralization being unquestionably an inherent good. In reality, these stories are just excuses to justify the irrational expectation of effortless infinite future returns from an inherently useless asset. At a fundamental level, "line goes up" is all there is to it."* More claims, Zero practical examples. "*The central narrative of decentralization and trustlessness is mostly a mirage. The majority of actual end-consumer services require users to trust unregulated service providers. The majority of the network itself is concentrated around a few mining pools that are able to censor transactions. Ironically, proponents are fleeing from supposedly untrustworthy democratic governments into the arms of unsupervised, unaudited companies and fraudsters. Exchanges, money managers, and other intermediaries, of course, love to profit from service fees. The fact that a product is nonsensical does not prevent them from selling it to those willing to pay for it. It is just like Walmart selling homeopathy. It is nonsense; Walmart knows it is nonsense, but people pay them, so they sell it."* The difference is that you DON'T NEED to use end-consumer services. You can just mine BTC or sell goods/services in exchange of BTC, and acquire it, and store it in an "offline" wallet. BTC gives you the OPTION of using end-consumer services. Contrary to other assets where YOU NEED a middleman. The NODES protect the network, and they are sufficiently spread. Decentralisation is not a binary concept: as of now, BTC is decentralised enough to make it EXTREMELY UNLIKELY that it can be 51% attacked. No ONE controls the network and no ONE can rewrite the ledger. Contrary to the traditional financial system where your bank or the government can change everything and you have to swallow the change. Last claim is ridiculously unbacked. BTC is nonsensical because it's nonsensical. Wow, this guy must be René Descartes' DISCIPLE!

Thick_Comfort2147

I use to Hold a lot of ADA in the previous years but as the value increased i decided to sell and DCA into ONE

silverkiller

Honestly I could care less if Bitcoin hit $1 million dollars a coin, I would STILL buy more. I would probably keep buying until it reach the $10 million mark, and then at that point, I may have to indulge in at least ONE lambo.... I mean I do love to hodl, but I do want to drive that car in this lifetime.

0xJarod

😵 Too many chains / dApps? Hate bridging? The answer is **Chain Abstraction** Polygon Agglayer's bridgeAndCall() enables cross-chain applications with just **ONE click**! 🤯 👇 HOW? Example: I want to **mint a gaming NFT on Immutable** with $IMX, but only have $MATIC on Polygon PoS & the best dex LP for IMX is on Ethereum 👀 With O**NE transaction,** I can... - transfer MATIC from Polygon PoS to Ethereum - swap for IMX - transfer IMX from Ethereum to Immutable zkEVM - mint gaming NFT! 🐐 bridgeAndCall() = seamless & secure multichain experience! **Users** Benefit: ❌ know what chain they're on ❌ sign multiple times ❌ wait between transactions ✅ faster & cheaper bridging **Devs** Benefit: ❌ create complex, multi-chain computations, & workflows ❌ cumbersome feeling of a multichain ecosystem ✅ focus on user experience of your application **Chains** Benefit: ❌ spend resources on basic infrastructure: dexs, marketplaces, etc ✅ truly become specialized appchains If you're an EVM / non-EVM chain, you need to get connected to the Agglayer TODAY!!! If you're a dev, you need to integrate the Agglayer TODAY!!!

InclineDumbbellPress

*How many times do I have to say this - YES IM JOE BIDEN THE REAL ONE*

rowdyoh

So, you’re telling me Vance has been a bagholder longer than most people in here? ONE OF US ONE OF US

AccomplishedAd9740

More shitcoinery. Buy real btc, hold on your own cold wallet. Not your keys, not your coins, how many times do people need to hear it, or cases of people getting rugpulled, need to happen, before this shitcoinery ends There is ONE cryptocurrency. Bitcoin. Everything else is a pump and dump at worst, or a centralized and controlled coin no better than our existing system. So buy the ONLY hard money, bitcoin.

Extreme_Nectarine_29

Sold low and bought high. **THE WHALE IS ONE OF US!**

ts_wrathchild

> Oh. Right. The party for Democracy installed a candidate that had 0 votes. And? That's exactly how it works. The party picks it's representative on the national stage. Are you somehow under the impression that voting in primaries is a "right" codified in the constitution, or something? Political parties aren't recognized on any level as codified into law. They are private clubs. Their recognition is a societal construct in their entirety. Political parties can go away tomorrow and the union doesn't miss a beat. As an American citizen, on the national stage, you get ONE vote. Your choices are whoever each party picks to represent them. It never ceases to amaze me that some folks can be so confidently incorrect about how politics work in the US.

LocksmithMuted4360

Think of btc like art. You have a supply of ONE painting and many people want it so the price is rising. Same goes with btc except there is more supply but there is also much more demand.

Ok_Outcome_948

From personal experience, BTCC IS THE BEST ONE. Buy USDT off moonpay ( you can fake your details regarding income etc) . Transfer it to BTCC. Then after that you can move to a popular exchange like MEXC or Binance or Kucoin. But i would say don’t move it to binance, fiat withdrawal are next to impossible, they can freeze your money for weeks and sometimes your bank can cause problems.

Big_Pair5154

Apple alone is worth 3 trillion. Bitcoin is a concept that seeks to be 100x the size of Apple. Bitcoin is 1 trillion market cap. No it’s not too late if you believe. Hell it has to at least 3x to be the size of ONE COMPANY. now imagine if it was the market cap of a CURRENCY. (USD is estimated in the quadrillions)

piggleii

Because it’s the ONE! There can be only ONE!

DBRiMatt

ONE to $1.... and this time, we mean it... /s

Alarming_Run_4691

ONE

jn03cvrehn0hsc9h

It's just click bait, they want you to be like "POINT OH ONE BITCOIN?! THAT'S NOTHING!" Then you lose 30 minutes of your life watching someone explain the most vapid "When bitcoin is $45,000,000 then your 0.01 will put you in the top 1% of the globe" sales pitch. I'm a bitcoin maxi and I love my hoard but yea it gets a bit stupid out there.

raymv1987

Bought high and sold low. ONE OF US

MikeMiller8888

Same difference, PK vs. seed. And I can readily sell a US cashier check anywhere in the US, and we’re discussing US law. Not Azerbaijan. Just go do your due diligence. Find me ONE instance of crypto being seized by CBP and show everyone here that it happens!! Or, quietly admit that it doesn’t happen and comment to that fact like a man.

MikeMiller8888

I already said law enforcement can seize crypto. Now you find me ONE instance of CBP confiscating crypto and I’ll delete this entire thread. You won’t find it, because they haven’t. They’ve complained about this too, to Congress, but no action has been taken to update the law.

I_Luv_USA_and_Allies

> Not ONE person has had crypto confiscated by CBP, ever. Completely false and ignorant. Law enforcement seizes cryptocurrency on a daily basis in the US. Now, if you want to make the argument that the reason for any CBP crypto seizures were separate from the declaration of over $10,000 (for example, the CBP initiates a seizure of a traveler's cryptocurrency because they have probable cause that it's proceeds of crime) of monetary instruments while crossing the border, that is another matter. Casascius shut down because they were deemed a money service business. The founder didn't want to deal with the hassle and licensing, so he just closed his business. This is a fact and you can look it up. The US government seemed to think that Casascius coins were monetary instruments. You're free to disagree with the government's opinion though. A Casascius coin has a denominated value and is a bearer asset. Due to the way it holds the cryptocurrency, meaning the sole copy of the keys to the bitcoins are held within the coin, it is quite different than a hardware wallet. It also visually presents itself as a monetary instrument, unlike a hardware wallet.

MikeMiller8888

It’s not bad advice, it’s the state of legal affairs in the U.S. Take a look. Not ONE person has had crypto confiscated by CBP, ever. This info is readily available here: https://www.cbp.gov/document/stats/currency-and-other-monetary-instrument-seizures Bitcoin simply doesn’t move with you. Bitcoin is worldwide. It exists everywhere all at once, anywhere you can access the internet. A person could argue that it’s held on a hardware wallet, or that it’s held in the private key. But until the law is defined to encompass crypto, which has very unique features, CBP really can’t do jack about a person’s crypto holdings; crypto is not cash and not a bearer asset. A Casascius coin, quite simply, is not money.

biba8163

> All tokens should be distributed to me - Silvio Micali Imagine investing in a public blockchain project where ONE man keeps 20% as a founder's fee. > The “low float, high FDV” model involves releasing a small percentage of the total token supply (the float) to the market while assigning a high price to each token. This creates a deceptively inflated FDV for the project, and many token holders fail to account for the remaining token supply that is still to reach circulation. ALGO, August 2019 - price $0.70 - circulating supply 200 Million 2024 - price 0.11 - circulating supply 8 Billlion....and 200 Million as change https://coinmarketcap.com/historical/20190815/

codemonkeysh

I'm working on a small book focused on core topics that I think people should know about. The real moral of this post is, you'll feel differently for each dip you experience. First dip: I fucked up! Everyone was right. What should I do? Sell? Second dip: I was doing so well, I should have sold and taken my profit. Last time it recovered.. how long will this be? Third dip: Fuck me... I should have sold a % so I could buy these dips. Then again, I would have fucked it up. I'll HODL... I'll just buy more now! Forth dip: Fuck YEA! I'll buy more! Meanwhile, through each dip you experience, everyone has a fucking opinion. This is a long term upward movement. There are too many owners of Bitcoin, too much capital invested into it now, and there's very very little chance it goes to zero. I think that ship has sailed at this point. Individuals are buying and HODLing it. Companies are buying it for their treasury assets. Institutional Investors are buying it and offering it to their clients. Nation States own and will mine and/or buy it. This assets was a grass roots movement and offered to individuals before it was on the radar of larger firms. Take the list I shared above, invert it and that's how it's been "offered" to the world. When you move your Bitcoin to private wallet off the exchange, there's a feeling that is hard to express. Those Bitcoins are YOURS. Want to send them to a friend? No one can fucking stop you. Want to transfer $1MM to a friend... NO ONE CAN STOP YOU. Money in the bank isn't your fucking money. Bitcoin in your wallet IS YOUR BITCOIN. It has a different feeling. Watch this video - They seized this mans money for no reason. He needs to show evidence he's innocent. This is America (Insert dance moves) [https://www.youtube.com/watch?v=MkeS\_0NQUZs](https://www.youtube.com/watch?v=MkeS_0NQUZs)

Nutmasher

US owns the most Bitcoin, so yes ONE party. If the Republicans win, likelihood of accumulation in the treasury. Also, the US markets are the leader in Bitcoin purchases. No other people in the world have as much cash to buy it as $65,000/coin. Historically, Bitcoin price popped when the US ETFs came online. When the Hong Kong ETFs came online, it did nothing. Not enough juice.

_RonPaulWasRight_

But it doesn't just "divide" like that. No, we're talking about your chances of finding a needle in a very large haystack, vs. your chances of finding 1,000,000 (one million) needles in that same large haystack. You only need to find ONE needle, to scare the shit out of hodlers. Who's going to want to hodl if it really is true that little ole grandma over here lost her Bitcoin through no fault of her own - had her private key memorized, never told anyone...just got hacked. That makes a rough story. Again - you only need 1 needle. It doesn't become just a million times easier if there are suddenly a million needles...you only need ONE. It becomes like, a million to the millionth power easier. It's not a linear geometric relationship. It's more exponential.

_RonPaulWasRight_

Now that's pretty funny! lol, and great idea. But if they were going to do it that way, why not just make their computer automatically search? It'd be far faster. But the OP should have worded that last bit differently, as it isn't necessary to achieve 1% of all possible combinations, in order to find ONE combination that happens to have a balance, and steal that Bitcoin. Just finding ONE SINGLE one, would really scare people away from using Bitcoin. Because now it means there is some tiny chance, you could lose it all. Through no fault of your own. It needs 100% security. I wonder what the time length becomes, had OP worded it like that.

Every_Hunt_160

Which one is your favourite: PolyGONE Cultdano Algone ONE percent Shitba Inu

ts_wrathchild

*"It's a speculative asset that behaves like high priced real estate in Manhattan".* Yeah, I mean, who wants to own high priced real estate in Manhattan FFS? This is the only person (with notoriety) in all of human history that was once *for* Bitcoin, but is now *against* Bitcoin. Apparently he understands scarcity though because he belongs to a group of ONE...and he's likely profiting from being in such a scarce position. TL;DR: 🤡

cu8er

We have not hit the bull market yet folks..1st was bitcoin which has no use but trading& can’t be changed. Ethereum first smart contract unlimited supply and built too fast very poor design a disaster in itself.All layer 2 under Ethereum will fall with it. Solana fast but every blockchain in the future will be fast and its easily influenced by big bag holders ;poor design centralized always need to be turned off and on ;reset ;high security risk..ADA was built correctly ;methodical and can absorb better technological changes easily and has a set limit..also Hydra is coming in just a few weeks which then makes ADA fast.The best of the best is ADA and when your talking millions of dallors of your money SECURITY IS NUMBER ONE.. have fun with the rest, just like gambling,but ADA is the future…Learning is power !!!

CandidateNrOne

There wasn’t ONE BTC liquidated! Liquidated only were leveraged long Bets on BTC! That’s a big difference. No problem with Crypto,only with betting!

ALiteralHamSandwich

Yeah, you do sound like a complete meathead. I often degrade Trump wherever and whenever I want. Again, NO ONE IS REMOTELY SCARED OF YOUR INTERNET TOUGH GUY ACT. It's just sad and pathetic. You are a walking stereotype. Everyone else is "soft," but you get cranky and threaten violence when your feelings get hurt. What a complete 🤡

Amber_Sam

>admit I got scammed *scared >NO ONE CARES ABOUT BITCOIN, we're all in this for easy money(dollars, fiat, euros, etc.) I care and I am ready to die on the hill for Bitcoin. You don't get it and that's OK too. Enjoy your fiat world.