All posts made by pereira4 in Bitcointalk.org's Wall Observer thread



1. Post 22072358 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_15.21h):

Quote from: BlindMayorBitcorn on September 21, 2017, 12:37:36 PM
wait satoshi wants us to pull down our pants Huh
https://youtu.be/SMgzzF6XmEc
Simon Dixon was at the 'Shape the Future' Conference in Hong Kong where Craig Wright shares his thoughts on Bitcoin Cash. Simon Dixon pushes for a direct answer on nChain and whether Craig will be working on Bitcoin or Bitcoin Cash as well as some questions related to Blockstream and bChain investors.

I really don't see how anyone can seriously take this guy to be Satoshi

He's a steaming pile of ass.
https://www.youtube.com/watch?v=FIvqn87iAz8

Excellent find guys. I was looking for videos on that meeting, and I finally see Craig Wright admitting that he is basically a Bitcoin Cash shill. Well, now we know who is supporting what and we have it on record, just in case the tries to backpeddle. Don't forget to download these videos, im sure they may try to take down the footage away from the internet. Bitmain has done this already, they took out an entire podcast because a Bitmain ex-employee revealed how Jihan Wu was supporting 2x only because he hated Core.



2. Post 51407781 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.50h):

In relation to what was being discussed earlier: CSW has put a deadline of around 2020 to hack Paul Le Roux's coins and dump on the market, yet, there's no reason to believe this. Why would he be so sure that he is going to crack a hard disk encrypted with probably cascaded algorithms and a very strong password at any given date? Supposedly his mining operation is actually a farm of computers trying to crack the wallet file, but even then, there's no way to really know when you could bruteforce it. Anyone that has attempted to bruteforce strong passwords with those algorithms has failed. I've forgotten passwords and I already assumed it's pointless to try to access the data again.
Not to mention the huge fail that would be if Paul had additional encryption once the first password is broken which I don't doubt since he was a very paranoid man.

And this is all assuming that any of this is true (Paul Calder being satoshi, having 1.000.000 BTC and whatnot, and not just being more cover up lunacy by Craig to avoid the aussie taxmen, keep his shitcoin on the headlines etc).



3. Post 51409813 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.50h):

Quote from: ivomm on June 09, 2019, 03:56:50 PM
In relation to what was being discussed earlier: CSW has put a deadline of around 2020 to hack Paul Le Roux's coins and dump on the market, yet, there's no reason to believe this. Why would he be so sure that he is going to crack a hard disk encrypted with probably cascaded algorithms and a very strong password at any given date? Supposedly his mining operation is actually a farm of computers trying to crack the wallet file, but even then, there's no way to really know when you could bruteforce it. Anyone that has attempted to bruteforce strong passwords with those algorithms has failed. I've forgotten passwords and I already assumed it's pointless to try to access the data again.
Not to mention the huge fail that would be if Paul had additional encryption once the first password is broken which I don't doubt since he was a very paranoid man.

And this is all assuming that any of this is true (Paul Calder being satoshi, having 1.000.000 BTC and whatnot, and not just being more cover up lunacy by Craig to avoid the aussie taxmen, keep his shitcoin on the headlines etc).

I think this is just FUD started by one comment on a topic in reddit. Some 'informed' guy suggested that nonsense in 2018 clearly to cause a dump. He stated that CW will receive Kleiman's keys to his shares in Jan 2020 and by then he has to crack the hard drive he supposedly stole from Paul Le Roux, so that he may prove he is Satoshi. But another user corrected this misinformation by citing Kleman's will that CW would get the keys of the shares that belong to Kleiman in 2020 OR 15 months after his death. These months passed a long time ago, CW got the shares and I guess this is the reason why Kleman's family sues CW. So even CW breaks the code it will prove nothing, since he has the shares already. Regarding the possible breaking, it won't worth it. The coins are stored in multiple wallets with little amount each (It was like 50BTC each but I am not sure) , so breaking 1 of them won't bring him a fortune, nor it will prove he is Satoshi. And it will cost him dearly in terms of electricity only. True Crypt is a tough nut to crack, even with thousands asics it will take decades if not centuries for just one wallet to crack.

Why do you assume that it's different wallets? It's different addresses. I doubt satoshi had a wallet per mining reward transaction (50 BTC at the time), so it should all be nicely kept within the same wallet, unless in 2009 a wallet only contained one address which im not familiar with.

The Kleiman coins have already been debunked by wizsec, visit this: https://blog.wizsec.jp/2018/02/kleiman-v-craig-wright-bitcoins.html

The only reason im paying close attention to the Paul Calder cause is due the amount of coincidences. There's even the infamous post of 2002 which im not sure it has been mentioned here, in which the IP belong to the netherlands, and Paul Calder was apparently in netherlands during that time.



As far as cracking TrueCrypt, we should look at what features the program had in 2009. If cascaded ciphers were a thing back then, and so on.

PS: The post you are replying to was deleted? Please stop deleting posts, we are having a conversation here and everything is related to price anyway, as if any of this actually happens it would definitely have an impact.

PS2: I think CSW is a massive opportunist and the Paul Le Roux theory is just that, however we must keep digging.



4. Post 51409969 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.50h):

Quote from: Searing on June 09, 2019, 04:31:20 PM


Only 2 signature campaigns left of any note, IMHO. Livecoin and ChipMixer. There are no openings ever on Chipmixer, unless you have massive stats, like 93+ trust, etc. I was kinda

told. (Joking I hope).



I wouldn't be surprised if Chipmixer disappears within the next year or two. The average time for a mixer services seems to be around 3 years. 5 the strongest ones, as low as 1 for the weaker ones. We just had Bestmixer taken out by the cops recently... hopefully im wrong but that seems to be the trend. Chipmixer will probably go away in similar fashion than Bitmixer did. Probably even if the site isn't annihilated by the cops, the developers may just become increasingly paranoid after X year and start afresh.

In a way, not that different from exchangers.. Livecoin may go cryptopia eventually. Again, I hope im wrong, but let's not be naive here. Most crypto related services are short lived, except those that have heavily regulated.

Quote from: HairyMaclairy on June 09, 2019, 04:12:38 PM
You guys are wasting your time with that LeRoux crap

It's no different than "wasting time" in technical analysis. We are just speculating as well, but at the fundamental analysis level.



5. Post 51410253 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.50h):

Quote from: Ibian on June 09, 2019, 06:41:57 PM
I wouldn't be surprised if Chipmixer disappears within the next year or two. The average time for a mixer services seems to be around 3 years. 5 the strongest ones, as low as 1 for the weaker ones. We just had Bestmixer taken out by the cops recently... hopefully im wrong but that seems to be the trend. Chipmixer will probably go away in similar fashion than Bitmixer did. Probably even if the site isn't annihilated by the cops, the developers may just become increasingly paranoid after X year and start afresh.

In a way, not that different from exchangers.. Livecoin may go cryptopia eventually. Again, I hope im wrong, but let's not be naive here. Most crypto related services are short lived, except those that have heavily regulated.
Decentralize all the mixers! Make them un-cop-able!

Not possible in the classic sense of a server involved. Maybe with lightning network, but then again, there's people that will not trust anything but on-chain transactions.

Perhaps look into CoinJoin with wasabi's blinded bearer signatures as an improvement for the classic "dude hosting a website for tumbling coins" approach. There was recently a 100 people CoinJoin transaction which was successful.

Note that a server is involved in wasabi but the stuff that's logged wouldn't allow an attacker to connect ins and outs.



6. Post 51410453 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.50h):

Quote from: realr0ach on June 09, 2019, 06:54:29 PM
Perhaps look into CoinJoin with wasabi's blinded bearer signatures as an improvement for the classic "dude hosting a website for tumbling coins" approach.

In the eyes of the govt it's laundering no matter how you try to obfuscate it.  Bitcoin is a govt tracking and control system that abolishes the 5th amendment.  Stop pretending that's not what it is and stop pretending the govt is ever going to allow you to tumble anything without being considered doing criminal activity.  If you don't want to be monitored in real-time by the slavechain, then you should boycott this garbage and use physical metals instead.

Every gram of unreported gold you own buried on your backyard is also considered criminal activity. What's your point?  If you don't want to be monitored, as far as using metals goes, it's useless unless you live in an local Amish type community doing commerce strictly within those borders as anything outside it would get quickly confiscated. Anyone that has a real business is going to need to settle transactions globally for which gold is completely useless in the 21th century. Customs are monitored way tighter than Bitcoin transactions.

Quote from: Last of the V8s on June 09, 2019, 06:55:38 PM
pereira4 nice to see you back, and particularly posting on this thread, saves me stalking you round the forum to read your good posts  Cheesy

what did you mean about a deleted post?


I took a much needed break from posting on internet forums.

About the post: this one I click and doesn't show up:

https://bitcointalk.org/index.php?topic=178336.msg51407781#msg51407781

Edit ok it's actually there, it just wasn't scrolling all the way down because I have javascript turned off.



7. Post 51412543 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.50h):

Just found this gem.

https://www.youtube.com/watch?v=OqpwuJw7cxY

If someone told me years ago that the Bitcoin blocksize drama would be discussed in Oxford of all places I would have thought that was the dumbest shit i've heard, yet here we are. Somehow CSW got there. He makes some good points in regards to marxism at around 44:00 onwards, however I don't get why he doesn't realize that gigamegablocks in order for everyone to be able to afford on-chain transactions could be argued to be a form of marxism, yet he doesn't see this, and claims the marxism in Bitcoin is having small blocks so everyone can run their Raspberry Pies to audit the blockchain. So who is the marxist there?



8. Post 51412638 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.50h):

Quote from: Raja_MBZ on June 09, 2019, 11:35:08 PM
Just found this gem.

https://www.youtube.com/watch?v=OqpwuJw7cxY

If someone told me years ago that the Bitcoin blocksize drama would be discussed in Oxford of all places I would have thought that was the dumbest shit i've heard, yet here we are. Somehow CSW got there.

You can even discuss "Is LOL really a kind of obvious spam?" at Oxford if you've got only a few thousand dollars to spare:

Hire a Room

https://www.oxford-union.org/private_hire/hire_a_room

Goodman Library is present there; it's the place where CSW is talking in the video.

Ah I see, so it's another business. Not surprised. I would argue that they have some sort of filters in place tho. I doubt discussing if lol'ing all over this thread is acceptable or not would be acceptable, excuse the redundancy.

I would still claim that the irony of big blocks vs small blocks accusing each other of marxism is of interest.



9. Post 51417610 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.50h):

Quote from: fabiorem on June 09, 2019, 04:18:21 PM
If Paul Le Roux is really Satoshi, then Satoshi's wallet is in the hands of the CIA, and they probably already have the password, which could be obtained through torture.

An interesting realization I had is the fact that TrueCrypt FDE is only available through Windows even to this day in it's VeraCrypt form. By looking at the Bitcoin codebase you can tell satoshi was a so called "windows guy", he was compiling .exe only and Linux came way later. Paul used TrueCrypt and not dm-crypt, LUKS or any of the other Linux alternatives. So there is another connection. The list of coincidences I have is pretty good. Nobody is saying Paul is satoshi, it's just another decent contender in my book.

As far as bruteforcing, cascaded ciphers were added in 2004 so the encryption used by Paul probably has a combo of AES-Twofish-Serpent or something along the lines with AES-256 and a strong password which means I don't believe 10 years of bruteforcing is going to be enough (assuming CSW's farm is legit and has been working on it for 10 years which I doubt).  




10. Post 51423843 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.50h):

All the technical analysts that were expecting sub $3000 prices by now are increasingly nervous. Every new Tone Vays upload is him trying to push the price down so his prediction comes true. He predicted $7500 as the highest point for 2017, so he would screw up again this time being overly pessimistic. Tyler Jenks was expecting a sub $1000 bottom.



Being a technical analyst for a living must suck, specially in Bitcoin. I don't know how those guys take the risk of making public predictions and charging for classes when it's obvious Bitcoin is going to do whatever the fuck it wants to do.



11. Post 51435481 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.50h):

Quote from: Ibian on June 11, 2019, 11:42:59 AM
Moon news:

https://www.nationalgeographic.com/science/2019/06/massive-blob-discovered-moon-surface/

Quote
Huge mystery blob found under the moon's far side

Researchers have discovered something massive lurking underneath the far side of the moon: a mysterious blob with the mass akin to a pile of metal five times the size of the Big Island of Hawaii.

The structure, described in a recent study published in Geophysical Research Letters, sits at least 180 miles beneath the South Pole-Aitken basin—a colossal crater punched into the lunar landscape billions of years ago, when the moon's initially molten surface had cooled just enough for impacts to leave a lasting mark.

The blob is likely related to the crater's formation, and it may be the remnants of an ancient impactor's metal core, says study coauthor Peter James of Baylor University.
Aliens left a gift for us to celebrate discovering spaceflight!

Speaking of mystery blobs; I assume everyone in here is aware of the fact that every computer after 2006 for Intel and 2013 for AMD contains proprietary binary blobs which are basically "features" in which your favorite triple letter friends steal all of your coins on your sleep. Just a reminder.

Which setup are you running again?


Quote from: Hueristic on June 12, 2019, 01:23:10 AM
In other vacuous perverts news, the British Government.
The government would welcome views on whether the publication of open-source software should be subject to CDD [Customer Due Diligence] requirements. If so, under which circumstances should these activities be subject to these requirements? If so, in what circumstances should the legislation deem software users be deemed a customer, or to be entering into a business relationship, with the publisher?

Your going to have to explain this one?

They want you to run open source software which has been approved by "them". Imagine.



12. Post 51435582 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.50h):

Quote from: Hueristic on June 12, 2019, 01:54:42 AM
Speaking of mystery blobs; I assume everyone in here is aware of the fact that every computer after 2006 for Intel and 2013 for AMD contains proprietary binary blobs which are basically "features" in which your favorite triple letter friends steal all of your coins on your sleep. Just a reminder.

Which setup are you running again?

Yeah, we have been warning about this since the late 90's so no big surprise.

The funny thing is back then they called us tin foil crackpots and now that there is proof its all "we knew all along and its just fine".



They want you to run open source software which has been approved by "them". Imagine.

Are they trying to make it illegal to run FOSS? Thats pretty much impossible and why would that have to do with perverts? Tie in with the Andy Kaufman post maybe?
Idunno that one went over my head. Smiley

They are perverting the concept of FOSS by running a police over what is and isn't acceptable code. What's not to get?



13. Post 51446901 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.50h):

Quote from: realr0ach on June 12, 2019, 08:05:12 PM
The world needs good money. It NEEDS it. Fiat is not it. Fiat is awful in every way. Gold and silver are pretty good in some situations but just plain worthless when it comes to digital commerce...

..So what if we could solve that problem with a collective delusion. A collective delusion not dissimilar to what gives fiat money value. What if we could all just agree that bitcoin is special because we need it to be special.

It's not a negative that physical metals as money are NOT CONDUCIVE to globalization, it's A FEATURE - a positive one.  Globalization creates overspecialization and lack of local redundancy, which then results in complete system collapse with the side effect of 90% of civilization having no reason to exist.  See Joseph Tantor et al.  Oh, you want to be able to buy everything on the planet from Amazon while every other store on earth goes out of business?  Too bad.  Local economies have to exist with redundant systems to the next state or country over.  If you're not doing things redundantly to the country next to you, you're not a country in the first place and are just a defacto, global, feudalist govt cog.

No, we do not need a "collective delusion".  Delusion is just a synonym for scam.  The further you abstract from barter, the bigger a scam you have.  The closest thing to barter without actually using barter is trading non-perishable physical commodities or resources.  Anything that's not a resource or commodity is just an artificial scarcity Keynesian scam.  Yes, digital shitcoin scammers are Keynesians while pretending not to be.  Whether you believe the universe was created by some sort of God or it created itself, the only way you're getting out of Keynesian scams is by using the tools the universe gave you for economics instead of pretending to play God yourself.  I have zero interest in participating in some moron's attempt to play God when the universe itself has created far superior systems.

How would you deal with the fact that it's only a matter of time we are able to mine gold in aesteroids/other planets and the supply will end up becoming huge with so much gold that it will become worthless? God could have placed massive amounts of gold somewhere and we'll end up finding it. With Bitcoin you don't have to worry about such things.

Sorry but you cannot go back in time. Global value settlement is where it's at and Bitcoin defeats gold in every department. If you want to keep things within your local Amish community then good luck with your financial goals in 2020.


Quote from: realr0ach on June 12, 2019, 08:23:24 PM
I have zero interest in participating in some moron's attempt to play God when the universe itself has created far superior systems.

Which one are you going to prefer for traveling?

1. Donkey ride (so natural and a ride created by the universe itself)
2. Lamborghini ride (which is some moron's attempt)

 Roll Eyes

1)  Metals are superior to imaginary, valueless, digital shitcoins as a settlement system.

2)  A donkey is not a superior form of transportation.

3)  A Lamborghini is not an artificial, Keynesian construct; it's made of metal, so part of the natural world and not even a valid comparison.  Keynesian systems are entirely arbitrary and based on magic numbers.  A shitcoin can be made of 21 or 21 million units.  A lambo cannot have 21 million wheels or be made out of bread.

Bitcoin is not some sort of voodoo magic, it's still physical, atoms are there moving. Proof of Work needed to generate certain combinations of atoms, which cannot be generated out of thin air as you need said PoW. Metalheads have a hard time grasping this.



14. Post 51447005 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.50h):

Quote from: realr0ach on June 12, 2019, 12:16:39 PM
Stock to flow models simply don't work for LTC. PlanB has some evidence on this fact:

"Stock to flow" doesn't work on ANYTHING that's not a real commodity or resource.  You can hoard all 21 million Bitcoins and the rest of the world can completely ignore you like you don't exist because NOBODY actually needs Bitcoins for anything.  It's a fake, imaginary commodity aka a Keynesian scam.  If I hoard all the physical silver in the world, people actually need it for things, the stock to flow metrics actually do function, and I get to charge whatever the market will bear.  A real commodity money grants you power, a fake commodity grants you zero.

In the absurd scenario in which a guy called r0ach were to hoard the entire silver supply, people would simply search for silver alternatives for whatever industrial usages, and said alternatives would be more affordable when a single guy is hoarding the entire supply of silver. There's nothing that unique about metals, there's always alternatives. Also notice how metalheads always have to stretch their arguments to the point of maximum absurdity to make a point of how they defeat Bitcoin, in such scenarios which will never happen (r0ach owning all of the metal supply, madmax scenario in which there is no electricity left in the world, and so on)

Quote from: realr0ach on June 12, 2019, 11:57:51 AM
Looks like he's trying to help reduce the drama that has been the pissing match of the trust system

You mean how Lauda & Last of the V8s started abusing the trust system that's supposed to be for things like trades and instead made up random nonsense and left negative scores on people who they disagree with but have never actually traded with?  I especially loved the negative trust score for Jbreher for simply owning Bcash HAHA.  What a fucking effeminate, jackass female move that is. 

Digital shitcoins are not money, or commodities, or resources.  They're simply Keynesian scams based on artificial scarcity with no valid Schelling point.  You cannot force people to buy the scam token you created out of thin air instead of them just doing the same thing and creating another one out of thin air that benefits themselves instead.  But nobody can create a new silver or gold in their basement like you can with shitcoins, which is why metals are money and shitcoins aren't.

You definitely cannot create the accumulated Proof Of Work of Bitcoin within your basement, nobody can, which is why Bitcoin has value.



15. Post 51447287 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.50h):

Quote from: realr0ach on June 12, 2019, 11:19:33 PM
How would you deal with the fact that it's only a matter of time we are able to mine gold in aesteroids/other planets and the supply will end up becoming huge with so much gold that it will become worthless?

Way to go making it ridiculously obvious that you're a lying scammer by continuously bringing up this stupid space mining meme.  The cost of production for anything in space is astronomical and that is never going to change.  It's also FAR LESS viable to mine silver in space than gold due to needing to process and transport far more materials.  

If this lie is the best thing you have to try and trick people into using digital, government tracking and slavery system tokens instead of metals, then your cause is as good as dead.  Seriously, you need to be an absolute fucking dumbass to even bring up this topic.  You may as well be a flat earther posting this shit.  The price of metals would also have to go to the moon BEFOREHAND for anyone to even attempt it.  You can tell you're full of shit because you brought ZERO actual numbers to the table.  What's the cost of production for mining gold or silver in space?  A million dollars an ounce?  Oh, that's right, you have no number because you're full of shit.


So you are allowed to make your hypothetical absurd scenarios including: "if I owned the entire silver supply..." or the classic "if the electricity went down...", but im not allowed to paint a picture of space mining to make a point. Is this how it works for metalheads?

Quote from: realr0ach on June 12, 2019, 11:38:15 PM
You definitely cannot create the accumulated Proof Of Work of Bitcoin within your basement, nobody can, which is why Bitcoin has value.

Fine example of the dipshit scammer slogans you see plastered over Reddit all day.  The kind of bumper sticker slogan lies Andreas Antonopolous pushes.  Proof of work DOES NOT CREATE value.  It's sunk cost fallacy.  Jesus Christ, reading this continuous stream of mindless shit from you is too much.  This accumulated sunk cost fallacy also has ZERO bearing on future security.

Value is created as you would need to spend increasingly more money to modify existing transactions, and in general accumulated PoW is the scorecount count going up for certainty, the #1 indicator for an investor to put money into something long term. Keep waiting for the death of Bitcoin, anytime now.



16. Post 51447328 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.50h):

Quote from: realr0ach on June 12, 2019, 11:45:21 PM
How would you deal with the fact that it's only a matter of time we are able to mine gold in aesteroids/other planets and the supply will end up becoming huge with so much gold that it will become worthless?

Way to go making it ridiculously obvious that you're a lying scammer by continuously bringing up this stupid space mining meme.  The cost of production for anything in space is astronomical and that is never going to change.  It's also FAR LESS viable to mine silver in space than gold due to needing to process and transport far more materials.  

If this lie is the best thing you have to try and trick people into using digital, government tracking and slavery system tokens instead of metals, then your cause is as good as dead.  Seriously, you need to be an absolute fucking dumbass to even bring up this topic.  You may as well be a flat earther posting this shit.  The price of metals would also have to go to the moon BEFOREHAND for anyone to even attempt it.  You can tell you're full of shit because you brought ZERO actual numbers to the table.  What's the cost of production for mining gold or silver in space?  A million dollars an ounce?  Oh, that's right, you have no number because you're full of shit.


So you are allowed to make your hypothetical absurd scenarios including: "if I owned the entire silver supply..." or the classic "if the electricity went down...", but im not allowed to paint a picture of space mining to make a point. Is this how it works for metalheads?

No, you are not allowed to lie and pretend that you live in the movie Star Trek and that mining shit in space wouldn't have a cost of production of a million dollars an ounce.

So why are you allowed to make far fetched scenarios such as you having the entire silver supply under your control, or waiting for a mad max scenario in which there is no electricity, in order for you to pump your metals again?



17. Post 51447465 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.50h):

Quote from: realr0ach on June 12, 2019, 11:51:04 PM
You're not even capable of DESCRIBING how your mining in space scheme is supposed to work, let alone place a dollar value on the astronomical cost of production.  Are you claiming you're going to process the metals IN SPACE?  I hope you have a nuclear reactor in orbit and a space station 10x bigger than the one that's currently there.  Or do you claim you're going to send out probes and deflect asteroids into earth collision courses where one tiny screwup might result in a planet destroying, dinosaur extinction catastrophe?  You millenial children scammers get the fuck outta here.

Still failing to explain why you are allowed to use far fetched scenarios to pump your metals, but whenever someone uses the mining in space argument (self admittedly far fetched, but definitely more realistic than such as you owning the entire silver supply) suddenly you demand all the explanations in the world when it's you who started with making such bizarre scenarios.

Im just exposing the metalhead anti Bitcoin routine and you seem too thick to even realize the fact.



18. Post 51447501 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.50h):

Quote from: realr0ach on June 13, 2019, 12:13:14 AM
You definitely cannot create the accumulated Proof Of Work of Bitcoin within your basement, nobody can, which is why Bitcoin has value.

Fine example of the dipshit scammer slogans you see plastered over Reddit all day.  The kind of bumper sticker slogan lies Andreas Antonopolous pushes.  Proof of work DOES NOT CREATE value.  It's sunk cost fallacy.  Jesus Christ, reading this continuous stream of mindless shit from you is too much.  This accumulated sunk cost fallacy also has ZERO bearing on future security.
It preserves value.

You are getting annoying. It's not like you don't know how it works.

Sunk cost fallacy does not "preserve" value.  Sunk cost fallacy by definition has NO BEARING on future value.  For example, if the Chicom miners band together and collude with their 70% hash power or whatever they have (I know it's at least 60% but probably higher), if you're on the minority fork with 30% or less, how has the current or past hash power "preserved" your value?  It hasn't.  

You're now on a minority fork that might wither away and die off.  Yea, you still have your Jihan Wu tokens on the majority fork, but maybe the tokens on that fork don't even have anything to do with the Bitcoin of yesterday at all and are instead Chinese social credit score tokens with built-in chain anchor.  Where is this so called "immutable" bullshit ledger again?  It doesn't exist.  Your chain can just be nullified by becoming an unsupported minority fork that dies. There is no Nash equilibrium in bitcoin.  Arguably, no change would ever take place in the software if there was since there's no such thing as inherently 'good' code that can't have some hidden repurposed motives to it.

The schelling point is in the fact that nobody is going to support an increase on 21 million coin supply for instance, things that matter. If the chinese colluded to do such a change, they would end up with an useless token and those smart would see the opportunity to mine Bitcoin at a discount while the scammers burn money on their pretend Bitcoin, before the difficulty picks up traction again.



19. Post 51447564 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.50h):

Quote from: realr0ach on June 13, 2019, 12:24:56 AM
If the chinese colluded to do such a change, they would end up with an useless token and those smart would see the opportunity to mine Bitcoin at a discount while the scammers burn money on their pretend Bitcoin, before the difficulty picks up traction again.

No, that is not how the world works such as how people like Bitcoin core erroneously state that only "nodes" or "users" matter and not miners.  Miners determine the fate of Bitcoin because without miners you have no chain security. Yes, you can choose to boycott the majority fork...and then be attacked by them.  Then you get to open the can of worms of being forced to change algo.  Regardless, since Bitcoin has no Nash equilibrium, no Schelling point, and mining and transaction validators are all designed to centralize, it's nothing more than a corrupt political power vacuum like you would see in a senate.

Miners need transactions to happen in order to stay solvent, and nobody would use inflationcoin. Also, literally all whales (except miners that are part of the attack, assuming they don't back-peddle) would dump their share on the attackers chain, collapsing the price, thus collapsing the hashrate, and forcing miners to come back to the original chain or go out of business.



20. Post 51447695 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.50h):

Quote from: realr0ach on June 13, 2019, 12:45:38 AM
If the chinese colluded to do such a change, they would end up with an useless token and those smart would see the opportunity to mine Bitcoin at a discount while the scammers burn money on their pretend Bitcoin, before the difficulty picks up traction again.

No, that is not how the world works such as how people like Bitcoin core erroneously state that only "nodes" or "users" matter and not miners.  Miners determine the fate of Bitcoin because without miners you have no chain security. Yes, you can choose to boycott the majority fork...and then be attacked by them.  Then you get to open the can of worms of being forced to change algo.  Regardless, since Bitcoin has no Nash equilibrium, no Schelling point, and mining and transaction validators are all designed to centralize, it's nothing more than a corrupt political power vacuum like you would see in a senate.

Miners need transactions to happen in order to stay solvent, and nobody would use inflationcoin. Also, literally all whales (except miners that are part of the attack, assuming they don't back-peddle) would dump their share on the attackers chain, collapsing the price, thus collapsing the hashrate, and forcing miners to come back to the original chain or go out of business.

Nobody said anything about inflation.  You erroneously claimed "21 million coins" constitutes a Schelling point for Bitcoin.  You're making shit up on the fly.  You can have infinite different forks all with a 21 million coin count.  There is no Schelling point in shitcoins.  Stop constantly lying.  It's also 100% guaranteed for Bitcoin to be co-opted by the state since transaction validators are designed to centralize, not that the state wasn't involved in it's creation in the first place.

Increasing the supply of X does definitely not increase the supply of Y.

The schelling point in altcoins vs Bitcoin is to stay in Bitcoin since it's the safest, most time-tested one, remaining altcoins will just be like penny stocks which you get to sell to increase Bitcoin stack (that's all that they are now basically).

Quote from: realr0ach on June 13, 2019, 12:55:04 AM
This thread is a complete joke now.  In the earlier days of Bitcoin, just about everyone in it was pro-metals.  The only people who are anti-metals are these little fly by night, shithead millenial scammers like Micgoossens and this pereira4 guy.  The only reason they're anti-metals is because they know metals have far better fundamentals and it's an extreme danger to their imaginary, valueless, digital token Ponzi scheme.

Im not anti metals. Being anti metals is just as dumb as being anti Bitcoin. There are reasons to own both.



21. Post 51477331 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.51h):

Quote from: Last of the V8s on June 13, 2019, 09:56:25 AM
Time to attack $9k again?  Cheesy

soonTM

but need to wait, though when we do $10k is not so far behind as 8 was from 7 and closer than 9 will be to 8.




The japanese vegeta, as well as other international vegetas, are already celebrating:

https://www.youtube.com/watch?v=SQYakKz3i6E




22. Post 51482738 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.51h):

Now that we've crossed the $9,000 barrier, why not take a look at the McAfee model again:



Assuming another %600-ish parabolic increase, it would put us around $65,000, which would mean McAfee may not have to heat his own dick as the model would be back on track. Consider that we went above %245 of the mean prediction line at the $20k peak, so there's a big margin of error. If moon and stars align (or ETF and halving) who knows. We'll have to find out in the next episode of McAfee Balls Z.

Edit: Actually funny how we just broke the nonlinear regression curve and given past precedents, the potential for a bullrun is around $60k



Maybe McAfee can keep his manhood after all. Hang on tight.



23. Post 51488409 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.51h):

Quote from: pereira4 on June 16, 2019, 02:00:00 AM
Now that we've crossed the $9,000 barrier, why not take a look at the McAfee model again:



Assuming another %600-ish parabolic increase, it would put us around $65,000, which would mean McAfee may not have to heat his own dick as the model would be back on track. Consider that we went above %245 of the mean prediction line at the $20k peak, so there's a big margin of error. If moon and stars align (or ETF and halving) who knows. We'll have to find out in the next episode of McAfee Balls Z.

Edit: Actually funny how we just broke the nonlinear regression curve and given past precedents, the potential for a bullrun is around $60k



Maybe McAfee can keep his manhood after all. Hang on tight.

In addition to this, I want to add that Shelby is lately considering McAfee's model as a potential good candidate for 2020's price prediction, and it would look like this:



I can't imagine how this thread would look like if McAfee ends up being anywhere near right. Bitcointalk would probably collapse due too much traffic.



24. Post 51489599 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.51h):

Quote from: realr0ach on June 16, 2019, 03:08:24 PM
You can always give Roach  this cube


Nice red herring cube that doesn't even include the main problems at all like having zero fundamentals from transaction validators being designed to centralize, or the completely illogical scaling issues where even if Lightning Network was a valid scaling solution (it's not), most of the coin supply would probably be stranded as dust with the cost of opening a channel higher than the value of the dust.  But that's an inherent terminal error of any of these high overhead, low performance, slavechain tracking system tokens.

I understand your case for gold, but why not find a middle term and own both? Both gold and Bitcoin have a point. So far everyone that has been a stuck up goldbug has end up paying the price of missing on massive boats. Why not own some of both again? How high must it go for you to accept selling was a bad idea?
You have become our resident Peter Schiff at this point. I don't expect any closure since we've been debating this since the release of gold 1.0 itself.



25. Post 51489725 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.51h):

Quote from: realr0ach on June 16, 2019, 03:49:26 PM
I understand your case for gold, but why not find a middle term and own both? Both gold and Bitcoin have a point. You have become our resident Peter Schiff at this point.

Bitcoin is not a resource or commodity.  It's an imaginary, valueless, designed to centralize, government tracking system token.  The goal of all Keynesian scams is to give someone something of zero value while stealing their resources, goods, or labor that actually does have value.  Only a moron accepts a Keynesian scam for their goods or labor.


There is always going to be a need for something with the properties of Bitcoin for someone out there, just like there's always going to be a need for something with the properties of gold for someone out there. Case in point, none of them is going to 0. There are no real reasons to not own some of both unless you've become a goldbug only drone/bitcoin only drone which rejects the good use cases of both.



26. Post 51489785 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.51h):

Quote from: gentlemand on June 16, 2019, 01:14:16 PM
My parents had a 300ZX Z32 as well, awesome cars, horrible to work on under the hood however. I think their history of Z ownership (from the 240 all the way to 350) inspired my love of Jap cars too and lead to me owning an R33 GTR.

There's something about mid 90's to mid 00's Jap cars that hold a special place in my heart

I had a R32 GTR. Without a shadow of a doubt the most hateful vehicle I have ever possessed. Everything went wrong, it handled and braked like shit. The engine was incredible so some day I will place one in a Morris Minor and enjoy the sole bright spot that car had to offer.

Ideally I'd like to buy back that specific car so I can slowly cut it to pieces with tin snips but I think it got scrapped which made me smirk.

When I was a kid playing Gran Turismo I always remember dreaming about owning an Skyline.



Fastforward to 2019 and I wouldn't even bother. I expect it would be a PITA to maintain.

How do you rate the 370 over the 350 for a proper, affordable ricer with easy to find spare parts? Much better imo. Sure it's not as "cool" as the mightly Skyline but let's be realistic. Also sorry for the purists but I can't drive on the right.

What else is there? The new Supra sucks, the old ones are overpriced and you would feel like wasting an investment everytime you use it. The new GTR is awesome, but BTC would need to bottom at $100k to even bother spending that much on a car.



27. Post 51490935 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.51h):

Quote from: realr0ach on June 16, 2019, 04:25:24 PM
You can't send physical metals from Africa to Australia in 10 minutes.

Just like you can't send a house, car, boat, or drumstick over a phone line.  You can't send ANYTHING of value over a phone line.  If something can be sent over a phone line, it doesn't mean it's worth something, it means it's WORTHLESS.

Well, your messages on this forum are sent over the same medium as Bitcoins are sent... by this same train of thought aren't your forum posts then worthless?


Quote from: SuperPandaBear on June 16, 2019, 05:32:27 PM
Now that we've crossed the $9,000 barrier, why not take a look at the McAfee model again:



Assuming another %600-ish parabolic increase, it would put us around $65,000, which would mean McAfee may not have to heat his own dick as the model would be back on track. Consider that we went above %245 of the mean prediction line at the $20k peak, so there's a big margin of error. If moon and stars align (or ETF and halving) who knows. We'll have to find out in the next episode of McAfee Balls Z.

Edit: Actually funny how we just broke the nonlinear regression curve and given past precedents, the potential for a bullrun is around $60k



Maybe McAfee can keep his manhood after all. Hang on tight.

In addition to this, I want to add that Shelby is lately considering McAfee's model as a potential good candidate for 2020's price prediction, and it would look like this:



I can't imagine how this thread would look like if McAfee ends up being anywhere near right. Bitcointalk would probably collapse due too much traffic.

Awesome. Where can I find the source for the first pic?

This very nice website:

https://bircoin.top/

Very handy, you can add in your own values and create your own curves. Considering the original McAfee model was $500k, we would need to be around $32k. Still a long way to go until Dec 31 2020.



28. Post 51499730 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.51h):

The Boomer Panic (tm) Indicator is my favorite one.




When boomers on twitter start celebrating how Bitcoin is dead = the bottom's in and it's time to accumulate.

When they start panicking = the next bull run towards ATH begins.

The question is, at what point do those guys admit that they are wrong? How many ATHs does it take specifically? Or do they perpetually stick around like our resident Peter Schiff realr0ach?



29. Post 51505591 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.51h):

Quote from: realr0ach on June 17, 2019, 05:40:22 PM
When boomers on twitter start celebrating how Bitcoin is dead

Another bullshit pereira4 post.  The vast majority of Zerohedge is anti-(((digital shitcoin))).  I'd estimate 70% against, 30% for.  It's not "HURR only stupid boomers don't like digital shitcoin scams because they can't understand it!". The Jewish occupied western governments dumped metals on the market to try and suppress the price make believing they have god-like power over the planet and can force everyone into digital slavery coins, so they wouldn't need to keep any around as reserve.

Countries like Canada have literally ZERO gold reserves.  ZERO.  The US claims they have 8000 tons, but from my estimates, the number is somewhere between 0 to 2000 tons max.  They did rig the silver market and acquire 1/3rd the silver on the entire planet as an emergency backup plan, though.  Anyway, the point is that allowing the Jewish occupied governments run by criminal bankers to foist digital currency scams on top of you IN LIEU of physical metals is just letting them off the hook when they should not be.  The plan is full rejection of digital shitcoin scams and all these IMF/BIS/and other Jew scum to be executed for their crimes.


The Zerohedge comment section is filled with computer illiterates which probably are posting from a Volkswagen Camper Westfalia in which they hoard their metals. They aren't qualified to talk about Bitcoin.

When you get your gold confiscated on every border you try to cross you will understand the benefits of digitalness.



30. Post 51505694 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.51h):

Quote from: realr0ach on June 18, 2019, 01:04:34 AM
The Zerohedge comment section is filled with computer illiterates which probably are posting from a Volkswagen Camper

Zerohedge far more represents the mainstream than this forum, and Zerohedge was roughly 70% anti-(((digital shitcoins))) in the last poll that was held there.  The synopsis of this forum is nothing more than scammers scamming scammers.


Zerohedge demographics, at least on the comment section, is middle aged to 60+ year olds... those with descendancy will eventually leave their gold to their kids, kids which will eventually diversify into Bitcoin. There's no stopping to this, r0ach, you can scream and shout all day if you want, but metal (and other assets) diversification into Bitcoin is coming and is coming in waves.



31. Post 51537009 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.52h):

Quote from: realr0ach on June 19, 2019, 09:13:23 PM
We should have gone to 60-80K last time.
Futures killed the run prematurely.
Maybe, to 'compensate', we will go 600-800X this time instead of even lower multiple (32X).

Autism overload.  It's not possible for the price of Bitcoin to go to the moon and not have mining massively expand to match.  Nobody would ever buy an $80k Bitcoin if they can just mine one for $3k cost of production.  But it's not really possible for mining to increase by something like an order of magnitude or it would probably use more power than the entire United States.  In other words, the Bitcoin pump and dump scam is now butting up against the limits of the natural world for how high it can be artificially rigged with Tethers.

The price of Bitcoin will go as high as the next speculator wants to pay for it; hashrate will follow.


Quote from: realr0ach on June 18, 2019, 02:00:39 AM
Zerohedge demographics, at least on the comment section, is middle aged to 60+ year olds... those with descendancy will eventually leave their gold to their kids, kids which will eventually diversify into Bitcoin.

You can lie to yourself and everyone else all you want, it won't help.  Bitcoin has zero fundamentals due to transaction validators being designed to centralize, so it's a non-fungible, permissioned ledger, govt tracking system that abolishes the 5th amendment.  Then the Lightning Network is another scam recreation of the already existing banking system, but even while being a scam to bait and switch everyone into the same banking system as before where every single transaction is routed through a bank, inherits the base layer scaling problems and doesn't even scale enough to onboard people dumb enough to sign up for it.

There is nothing whatsoever 'inevitable' about the entire planet tripping over their own feet to sign up for such garbage.  Even if it had good fundamentals - it doesn't - the world could still completely ignore or boycott it anyway. You're just another garbage millenial who was spamming bullshit like "HURR ETHEREUM WORLD COMPUTER" a few months ago until the bottom fell out of that scam and now you've moved to a new scam.  In the end, the only thing that actually matters is fundamentals, and metals have them all while imaginary, valueless, centralized, permissioned ledger shitcoins have zero.

I have been calling Ethereum a scam for years. As far as Bitcoin mining centralization, contrary to popular belief, we are going towards decentralization.

Every day Bitcoin survives with 0 censored transactions is another day you are wrong, thus poorer.

Quote from: realr0ach on June 16, 2019, 10:21:28 PM
Russia and China aren't stacking imaginary, valueless, digital shitcoins you fools:

https://russia-insider.com/en/economics/putin-dollar-threat-russian-security-does-not-deserve-be-world-reserve-currency/ri27241

Gee, I wonder what possible replacement to the dollar could be he's talking about?  Could it be?  Physical metals???

Imagine being deluded enough to trust gold accumulation charts given out by governments as truth. Meanwhile you can objectively know how much a Bitcoin address holds.



32. Post 51547692 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.52h):

Quote from: Ibian on June 20, 2019, 01:18:42 PM
So I'm thinking this libra nonsense will get heavily regulated, the states would be insane not to. And that will then be used as an excuse to regulate crypto in general, and bitcoin especially. It might be a good time to get around to moving elsewhere for those planning to do so.

Zuckerberg is not going to compete against the Federal Reserve.. only collaborate with the NSA. There isn't going to be competition against it all of a sudden. Only Bitcoin can survive in the wild doing it's own thing. A private centralized company like Facebook cannot ever issue their own money, they will use whatever US government allows.

This is another digital USD "stablecoin" thing. Nobody cares. It is either neutral or bullish for Bitcoin as it once again gives it free publicity and makes its case even more obvious for the idiots that still don't get it. Just wait for their Libra wallets to shrink every time they make the wrong political opinion on social media.

If Zuckerberg doesn't want to cooperate with the US, they will get shut down or they will try to move to other jurisdiction and release Libra ZV (Zuckerberg Vision) or whatever the fuck.



33. Post 51561371 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.52h):

Quote from: mindrust on June 22, 2019, 01:36:35 PM
Ok, shit is getting serious. And I have to prepare for the next real run. Want to cash out 50% @$50k. My Bitcoins are on a paper wallet. And I yet did not redeemed my Bcash and other forks. I need advice what wallet is recommended these days for Bitcoin, Bcash, BSV, BGold and all the other forks I get after redeem my Bitcoins.

You do realise that you ABSOLUTELY MUST move your bitcoin’s to another wallet before you claim the forks, right?

I’m sure you do but please do not try & claim BCH when your bitcoin’s are still in said address.

Regarding claiming -

BCH - Electrum Cash
BTG - I think I used Coinimi

Edit - Just import your private keys into the above wallets, simple.

BSV, I didn’t have any as I spent all my BCH.
There are a load of other shit forks you can claim on Coinimi too.

Import your priv keys into electrum and always move your coins to a different private key before you claim anything.

I believe bcash has its own electrum version. You can try it.

No idea about BSV and bGold. Did bgold long time ago.

+1 Merit to mindrust & LFC for trustworthy, good advice to Underdog.
Somebody help me out, I have 0 sendables.

Thanks!

But you sure its a good idea to leave this stuff on your laptop? I use a Macbook Pro. What if it gets broken, got stolen or something else?
I thought you guys would recommend me Ledger or so.

You can always extract your private keys from electrum, write them down (paper wallet style), delete your wallet files/format your PC.

I use electrum just like this.

No HW wallet here.


For cold storaging big amounts there's something terribly wrong about putting your money in a seed which can spawn your current and all future ever bitcoin addresses. Key derivation is a thing. Good ol wallet.dat dodges that, however you have the annoyance of having to store it, losing it, forgetting passwords... but that is a thing everywhere else.

IMO Electrum is just for temporal stuff, not perma cold storage.



Quote from: Biodom on June 10, 2019, 01:39:27 AM
Weekly close looks very ugly and points to a trend reversal.

We might revisit 6k range in the coming weeks/months.

We might and we might not, lol.

Im more on the bearish side right now.

65% going to 6k vs 35% going to 9k.

Im looking for a short entry here.


Could be.  Your odds seem in the ballpark of reasonable, even though I continue towards 50/50 thinking because I hate to make any bets in the way that I approach my BTC holdings (which I prefer to assure that I am adding to my reserves, rather than gambling that I may or may not add to my reserves).

Anyhow, I merely buy if the BTC price goes down and sell if the price goes up.  Seems safe, no?

In this case, I have already sold all the way up to $9k, so in recent times I have been put into buying mode, so my buy orders have been executing as the BTC price has been going down. 

Seems to work a lot better than trying to guess, and even if I were to have more confidence - such as something above 60%, which you seem to have, and even if you are guessing in a kind of reasonable way, to me, it seems as if you are betting too... because one thing is to close a long by selling a little bit of BTC, but another extra risk is to add leverage onto the situation by entering into a short position (which is what you said that you are doing)... too scary for me, and too much gambling for my risk tolerance temperament in terms of my preference to preserve what BTCs I have worked so hard to accumulate over the past 5.5 years.

That slow buying is easy, however slow selling is more problematic, especially since some coins you bought 5.5 years ago, although it depends on whether you use FIFO or LIFO accounting (the latter is simpler, but maybe less common). FIFO would guarantee at least long term cap gains status, which is much lower in US vs short term gains that are taxed by your tax bracket.

In addition, in a case of an old coin sell, properly splitting off at least 3, maybe 4 meaningful forks is also an annoying task.


I can't imagine how much of an exercise in insanity it must be trying to explain some normie boomer accountant/gov officer how you had this thing called bitcoin, which some fucktard decided to explit in something bitcoin cash of which you received an 1:1 amount, which some fucktard decided to split in something called bitcoin satoshivision which you received an 1:1 amount... and so on for all other forks.

The nightmare of taxes is a great motivator in basically never selling a single sat.



34. Post 51561465 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.52h):

Quote from: mindrust on June 22, 2019, 02:14:35 PM
Ok, shit is getting serious. And I have to prepare for the next real run. Want to cash out 50% @$50k. My Bitcoins are on a paper wallet. And I yet did not redeemed my Bcash and other forks. I need advice what wallet is recommended these days for Bitcoin, Bcash, BSV, BGold and all the other forks I get after redeem my Bitcoins.

You do realise that you ABSOLUTELY MUST move your bitcoin’s to another wallet before you claim the forks, right?

I’m sure you do but please do not try & claim BCH when your bitcoin’s are still in said address.

Regarding claiming -

BCH - Electrum Cash
BTG - I think I used Coinimi

Edit - Just import your private keys into the above wallets, simple.

BSV, I didn’t have any as I spent all my BCH.
There are a load of other shit forks you can claim on Coinimi too.

Import your priv keys into electrum and always move your coins to a different private key before you claim anything.

I believe bcash has its own electrum version. You can try it.

No idea about BSV and bGold. Did bgold long time ago.

+1 Merit to mindrust & LFC for trustworthy, good advice to Underdog.
Somebody help me out, I have 0 sendables.

Thanks!

But you sure its a good idea to leave this stuff on your laptop? I use a Macbook Pro. What if it gets broken, got stolen or something else?
I thought you guys would recommend me Ledger or so.

You can always extract your private keys from electrum, write them down (paper wallet style), delete your wallet files/format your PC.

I use electrum just like this.

No HW wallet here.


For cold storaging big amounts there's something terribly wrong about putting your money in a seed which can spawn your current and all future ever bitcoin addresses. Key derivation is a thing. Good ol wallet.dat dodges that, however you have the annoyance of having to store it, losing it, forgetting passwords... but that is a thing everywhere else.

IMO Electrum is just for temporal stuff, not perma cold storage.

You can generate your Keys from Bitcoin Core wallet. You can't get more secure than this if you are not OK with electrum's key generating algo. You don't even have to sync it. (or be Online)

Use exportprivkey command and again store it. Same logic applies.

IMO you can't get anything safer than a onffline generated Priv key by Bitcoin Core software. From that point It is all about how you store that piece of paper. Shouldn't be that hard.

Im not familiar with Electrum, I just remember reading something about key derivation. So if you export a private key generated within a full bitcoin client (let's say Core) and you import it within Electrum, and you use the Electrum seed to spawn your wallet, this imported private key from the wallet.dat will not show up? If yes, then I would still be paranoid of seed bruteforcing. There's something about Electrum that wouldn't allow me to sleep at night with any relevant amount of money in there.



35. Post 51562332 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.52h):

Quote from: yefi on June 22, 2019, 02:47:05 PM
If yes, then I would still be paranoid of seed bruteforcing. There's something about Electrum that wouldn't allow me to sleep at night with any relevant amount of money in there.

The seed is just another way of representing a random 128-bit number. You'll have about as much luck bruteforcing that as a private key.


You think he really sodl all his Bitcoins for Bcash? I hope he didn't and he is just living a wealthy life somewhere.

Embarrassed

Keyword: a key. It would only take getting lucky once to get all of your money. With a wallet.dat you would need to go address by address. Who knows what those fuckers have in store when it comes to quantum computers within a couple of decades. Plus any mistakes on your part leading to key derivation exploits... yeah no thanks. Electrum seems like a bad idea for serious cold storaging.



36. Post 51574794 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.52h):

Quote from: JayJuanGee on June 23, 2019, 02:40:59 PM

1 BTC/Lambo is so far anymore. Maybe Christmas? Or I wish too much?
Too much wish. I would like a slow and steady ride.

Christmas, no chance. 1BTC = 1 Lambo a few years away imo.

Let's just say hypothetically that a WO guy or gal (the one in here) were to be inclined to purchase a brand new Lambo with 1BTC, once Lambos were within that price range - or bitcoins were within that level of price appreciation.

How many BTC would you say would be prudent to be in that person's BTC holdings or the level of that person's wealth, more or less, to make it prudent to use one BTC on a lambo?   Perhaps the equivalency of at least 10 BTC?   If you have the wealth equivalency of 10BTC when a Lambo is worth 1 BTC, then you can prudently afford a lambo, in my level of thinking about prudence.  

Of course, other guys and gal might come to a different conclusion than me, and be willing to allocate their value towards a lambo with much less of a value cushion.  Personally, I think it would be somewhat reckless to have less than 5 BTC of value and to apportion 1 BTC towards a lambo.. but, hey that's me.

Spending 1 BTC on a lambo when you have 10, it's still as dumb as it gets. You are putting 10% of your wealth on a god damn car, which will not stop there because those cars are high maintenance. So you better be making at least 10k a year only reserved for the car.

If you had 20.. then maybe, and it couldn't be one of the brand new ones, should be something more modest like an used Gallardo which goes for around 90k.

You'll also have to deal with taxes, because you can't buy a car or a house without getting taxed the fuck out, which means having to report where every single satoshi comes from, which is a nightmare within itself. I have for instance payments from signature campaigns from years ago which im not sure how I should exactly prove they come from there as the websites don't exist anymore (Coinut for instance, used to pay you on their website, and I didn't took any screenshots of the payments or anything... so you tell me). Then there's the forks nightmare, then there's the trading which occurred on exchanges which no longer exist nightmare... and so follows. Those are just motivations to hodl the thing, I don't even want to think about any of that. Im hoping there's some sort of amnesty at some point and we are allowed to sell without having to deliver all those details from ages ago which nobody has kept track of 100%.



37. Post 51612390 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.53h):

Quote from: El duderino_ on June 24, 2019, 09:52:04 AM


imagine a decade of bagholding gold while watching bitcoin pump over and over
https://twitter.com/CryptoBull/status/1142972801277747200

Indeed, thats what r0ach is doing with silver, good he still has use for his silver, it works perfect to eat with, to drink out of, to shape in a form as he like ....

I can't believe how this guy goes out in public with a straight face defending how he was always right. He told people to avoid Bitcoin at its lowest, then told people to buy gold right before the multi decade dump. This while selling his goldmoney scam implying it's decentralized or anything.
Anyone that listened to his advice has become one of those guys which are permanently bitter about Bitcoin and delusional about how awesome gold is (like our resident Peter Schiff r0ach).

A total f*cking trainwreck of a prediction. And he has been telling people to not buy at every single f*cking market bottom since then, all of this while gold dumped. If you tried to make a worse financial decision in purpose you couldn't.


*note how this chart peaks at $3k, of course, all of those know-it-all analysists saw that chart and said "the bubble is about to burst", then we saw it go to $20k, proving how predicting tops in bitcoin is impossible and the only sane move is holding

Anyone that has been seeing Bitcoin hit 5 figures (now twice) since 2012 while bagholding gold has become clinically insane.



38. Post 51612452 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.53h):

Quote from: proudhon on June 26, 2019, 04:33:50 PM
I refreshed coinmarketcap and see Bitcoin way above $13k....what the heck!!!!!

Seems cool, but it will be below $10k again, and eventually below $1k again. We probably won't ever see the price above $15k, and almost certainly it will never create new ATHs. There are too many confirmed problems with bitcoin as I have verified over the years. China, Russia, and now Facebook, make it a near certainty. Shorting is wise, but not with too much leverage because bitcoin is unstable enough that random and irrational movements can wipe you out, but the downtrend to zero is definitely still on track if you just look at the data.

The mighty proudhon is back predicting the up and coming doomsday of Bitcoin. Pack it up, it's over.




Anytime now.



39. Post 51612628 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.53h):

Quote from: aesma on June 26, 2019, 04:46:16 PM
hello

I have sold half my coins on the way up, not wanting to go back to so "little" value as before. Now of course it seems stupid to have done that, but catching the top is not my forte. When this bull run started I figured, when my stash is worth a certain amount (one with enough 0s), I'm selling everything but 1 coin.

Now I don't know. On the one end, if such bust and bull runs can still happen, then the logic is to sell at one point yes, but with the goal to buy back later when it will have crashed. I expect I could double my stash at least from doing that.

Then again, maybe it's the last bull run, and once it's down, if I convert from cash to coins again, I will have double the coins, but which will never rise again.

I know some of you have enough coins to play all scenarios, but not me.

When I say the plan was to sell once enough 0s reached, the idea was to get that money out and invest it in something else, probably a mix of real estate and stocks, or just real estate.

Now it seems playing with coins at least a couple years more might be well worth it.

But it's such a wild ride !

Well have fun paying massive tax, being put on on some sort of list, and also get some good lawyers. Biggest reason to hold is that even if your bitcoins are from licit origin, it's a gamble how the government will deal about it.

Also lol at this is the last bullrun.



40. Post 51723181 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.54h):

Quote from: Majormax on July 06, 2019, 12:12:52 AM



Boy, this post is from Jun 2019, not Dec 2107, but the feeling are the same.

So, we are now at the top then ? Hopefully not another 85% decline, like after Dec 2017 !

I expect the price of bitcoin to be way past $1,000,000,000 per coin by 2107. And yes, I mean US dollars, not Zimbabwean dollars.



41. Post 52181970 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_16.59h):

Quote from: Dabs on August 16, 2019, 10:27:47 PM
In 2015 I sold 800 BTC to buy a house for my family.

In 2018 I sold my house and bought back 50 BTC.

People who thinks I'm crazy for selling my house please know that my only regret is to have sold my bitcoins.

Investment in Real Estate is now garbage comparing to #Bitcoin.

https://twitter.com/bitcoinization/status/1161310562866880513?s=21

Story for a Dumbass or a Legend?

I see he’s brave to admit his wrong being and buying back BTC there should be merit in that act, but F*** how dumb to sold all of his BTC for a house..... (I think all of his BTC, not sure but if he had left it should be more so he wouldn’t sell the house to buy again 50 ....)

That is fucking crazy to have sold that many BTC in 2015 - clearly 2015 was a BIG ASS dip in the market for pretty much the whole year....   Pretty much mid-$200s for the whole year (bouncing around some, of course).

Lack of delayed gratification.

If the short-sighted guy knew that he wanted a house, he could have sold some in 2014 in the $600 plus territory (maybe not all of them) or just waited the matter out until 2017.. or even taken out a mortgage... but whatever, its a form of short-sightedness in a decently strong kind of way.   The buy back of the house for only 50 BTC shows how god-damned difficult it would be to get anywhere close to 800 BTC ever again for a person with such a seemingly average budget.

The future when you were in the past is always ... you can't predict these things with any accuracy. You could make a very good educated guess, but the saying is "hindsight is 20/20" ... or is that 2020 (next year?).

Everyone says we should have all bought corns back in 2013 or 2012 (or as early as you were introduced to bitcoin.)

I mean, I bought corn at maybe $25 and sold them at $50. I bought litecorns at $10 and sold them at $20. I could have participated in the ETH ICO at 1 BTC = 2000 ETH. And I could have just HODL those all until today and I'd be as retired as anyone else.

But ... as it is, I'm still struggling to make ends meet.

When you are feeling down at past opportunities which were missed, you just have to look at this guy's tweet and just have a laugh at it all:




This is even worse than the pizza guy. Most people don't know who he his, this guy made a tweet which went viral with his face. It's still growing to this day:

https://twitter.com/gregschoen/status/70261648811761665

I would never be able to sleep at night ever again. The moral of the story is of course and as always: HODL, at any rate.



42. Post 52954315 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_17.06h):

Quote from: realr0ach on November 02, 2019, 02:30:01 AM
forks are on a different chain, not the same, and don't trade the same. I doubt you'll find anyone who will do 1 BTC = 1 BCH = 1 BSV when you're trading it.

You have not prevented copying of the data.  By your own admission, you have three forks of the same chain, all copies.  The copying has already been completed.  Case closed.  All you're referring to now is claiming one confidence game scam is better than the other two, because that's the only selection criteria for which one someone picks, not longest chain, their simple opinion.  A faith or confidence based monetary system is complete garbage.  We already have fiat if you want confidence game scams.

If they were actual copies (clones), they would trade at 1:1:1. What we have is counterfeit Bitcoin, chinese Bitcoin if you will, vs real Bitcoin.
Just because something it's physical in the classical, tangible sense, it doesn't mean there aren't copies, and there aren't markets for them.

https://www.youtube.com/watch?v=NUyCO3FXHS4



43. Post 52959689 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_17.06h):

Quote from: LFC_Bitcoin on November 02, 2019, 01:20:24 PM
Well I dream for 100k

Me too but I think it’s a realistic outcome. Think of the lifestyle $100,000 per BTC will give us.

People say oh the govt thugs (police, customs, army) won't come to bitcoiners' houses to arrest them for being bitcoiners because they'd be being paid in worthless dollars or other fiat. This is naive. They'll come and shake us down for free.

Good luck to them getting access to my coins.

In order to have a "rich lifestyle" you'll have to have your bitcoins taxed anyway, so it goes against your claim of "Good luck to them getting access to my coins."...

Suppose you have 100 BTC and price is $100k per coin, and you want to live a $10million lifestyle. You spend $1million on a nice condo and $100k on a car, you sell enough to make a decent yearly income from dividends, and so on... do you think the government will not ask where the money came from? because they will and they ask for origin of funds. What will you say and what data you have to back it up?

A lot of people live under the radar without flashy things because they couldn't prove the origin of their wealth (even if it's of licit origin, they didn't save the required documentation to prove so) and don't want to risk getting into a huge problem, so they are rich but still live a rather frugal lifestyle.

In order to bypass all of that with top accountants and lawyers I guess you would need a serious (9 figure or $billionaire) wealth, otherwise you can't pretend to be a big guy above laws.




44. Post 52959831 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_17.06h):

And onto price predictions, the current 2 scenarios I consider are:

1) 100k by 2022
2) 100k by 2032

Scenario 2 would have a very long cryptowinter, giving you the opportunity to stack tons of cheap BTCs. This scenario completes an hyperwave hitting around 1k-ish as the lowest low before a new ATH. However things are leaning up towards scenario 1), which would mean 1MM by 2032, but also means you'll have less BTC in your pocket.

Scenario 2 would need to include global warfare against Bitcoin. Like governments going all-in against BTC, closing ALL exchanges, threatening with possession of BTC as illegal, closing all ongoing institutional brokerage activities, no Bakkt, CME, ETF, none of that, all is cancelled. Making mining illegal, having the POTUS shitting on BTC every so often on Twitter.. you get the idea. BTC would be really underground during this period. I don't rule this scenario out because things can change fast and governments can become increasingly tyrannical during hyperinflation times. This would mean really cheap coins for a long time. During this time demoralization would be high, so it would be possible to stack at low prices. Once reality hits in as halving go on, panic buying would kick in eventually, specially by 2032 when the emission rate becomes almost flat.

I don't understand why people are ruling out this scenario. We have never faced a full blown attack, and I think it's eventually coming, which would fit this long crypto winter period I describe. Sure, like I said scenario 1 looks like it's forming, but things can change fast, fundamentals are not shown on TA.



45. Post 52960195 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_17.06h):

Quote from: Last of the V8s on November 02, 2019, 04:28:35 PM
wait pereira you think the price would go or stay down if they made it illegal
i think it would go up up up whatever the stage in emission rate

I believe the initial shock would be negative for the price. Also my scenario includes mining operations being shut down, so with less hashrate comes lower price. Of course difficulty would adjust and someone elsewhere would find a good opportunity cost and open up mining operations. So things would go through this awkward phase were all exchanges with high liquidity are shut down, main market goes OTC... im talking really underground stuff, like going back to 2012. Eventually, long term hard money always wins, which means people that accumulated here get the fruits of understanding how hard money wins long term.

So either way, 1 million by 2032 or 100k by 2032 = rich.

What I think would skyrocket BTC automatically is if government made physical cash illegal, which I believe will happen somewhere next decade... so that's another thing to consider.



46. Post 53457469 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_17.10h):

So apparently, CSWcoin is going to hardfork in the near future. Said hardfork includes the fantastic idea of basically stealing people's unclaimed BTC, which means, if you didn't claim your BSV, those coins will be "confiscated" by CSW-Ayre's mining operation (which I presume are the only people mining the thing). This also includes that satoshi's "1 million" coins will be stolen. According to raw calculations, they'll get $85million. I mean, it's not a lot, but still, this has to be a joke right? am I taking crazy pills? How is people unironically supporting such thing at this point?

I assume most here didn't even bother claiming the coins. I mean, it's such a pain claiming a forked coins, you have to do much for so little, but I don't appreciate CSW getting free money, but still, I may just don't bother.

If this is not the case, correct me if im wrong on the whole thing, but that is what I extracted from what I've read.



47. Post 53457800 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_17.10h):

Quote from: Biodom on December 28, 2019, 02:36:20 AM
So apparently, CSWcoin is going to hardfork in the near future. Said hardfork includes the fantastic idea of basically stealing people's unclaimed BTC, which means, if you didn't claim your BSV, those coins will be "confiscated" by CSW-Ayre's mining operation (which I presume are the only people mining the thing). This also includes that satoshi's "1 million" coins will be stolen. According to raw calculations, they'll get $85million. I mean, it's not a lot, but still, this has to be a joke right? am I taking crazy pills? How is people unironically supporting such thing at this point?

I assume most here didn't even bother claiming the coins. I mean, it's such a pain claiming a forked coins, you have to do much for so little, but I don't appreciate CSW getting free money, but still, I may just don't bother.

If this is not the case, correct me if im wrong on the whole thing, but that is what I extracted from what I've read.

Can you link to highlighted, please?
Apart from rumors, i haven' seen anything solid, as it would be very weird.




Gmaxwell did address this on bsv subreddit:
https://www.reddit.com/r/bsv/comments/edr0av/massive_replay_theft_coming_to_a_scamchain_near/

And official bsv page says:

https://bitcoinsv.io/2019/12/23/bitcoin-sv-blocking-potential-p2sh-replay-attack-after-genesis-hard-fork/

Quote
Mitigation

In response, the Bitcoin SV Node team will update the “Genesis” hard fork specification by upgrading the rule rejecting the P2SH script pattern from a policy rule to a consensus rule.  That is the specific script template “OP_HASH160 <hash> OP_EQUAL” will not be allowed in new outputs and this rule will be directly implemented in the Bitcoin SV Node software.  Whilst unfortunate to restrict the usage of a particular script pattern, we note that the same effect can be achieved using variations of the script pattern e.g. “OP_SHA256 OP_RIPEMD160 <hash> OP_EQUAL”.

This change closes the attack vector and mitigates the need for honest miners to forcibly reject blocks containing theft transactions.  Whilst this could have triggered a valuable demonstration of the principle of honest miners acting punitively against dishonest miners, the public disclosure by Mr. Maxwell raises the potential cost to those miners to an unacceptable level.

Note: The theory is that it is argued if there were any "mistakes" here, and stealing funds was always part of the plan, they just got caught by gmaxwell.



48. Post 53464051 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_17.10h):

Quote from: Millionero on December 28, 2019, 03:57:56 PM
So apparently, CSWcoin is going to hardfork in the near future. Said hardfork includes the fantastic idea of basically stealing people's unclaimed BTC, which means, if you didn't claim your BSV, those coins will be "confiscated" by CSW-Ayre's mining operation (which I presume are the only people mining the thing). This also includes that satoshi's "1 million" coins will be stolen. According to raw calculations, they'll get $85million. I mean, it's not a lot, but still, this has to be a joke right? am I taking crazy pills? How is people unironically supporting such thing at this point?

I assume most here didn't even bother claiming the coins. I mean, it's such a pain claiming a forked coins, you have to do much for so little, but I don't appreciate CSW getting free money, but still, I may just don't bother.

If this is not the case, correct me if im wrong on the whole thing, but that is what I extracted from what I've read.

Can you link to highlighted, please?
Apart from rumors, i haven' seen anything solid, as it would be very weird.




Gmaxwell did address this on bsv subreddit:
https://www.reddit.com/r/bsv/comments/edr0av/massive_replay_theft_coming_to_a_scamchain_near/

And official bsv page says:

https://bitcoinsv.io/2019/12/23/bitcoin-sv-blocking-potential-p2sh-replay-attack-after-genesis-hard-fork/

Quote
Mitigation

In response, the Bitcoin SV Node team will update the “Genesis” hard fork specification by upgrading the rule rejecting the P2SH script pattern from a policy rule to a consensus rule.  That is the specific script template “OP_HASH160 <hash> OP_EQUAL” will not be allowed in new outputs and this rule will be directly implemented in the Bitcoin SV Node software.  Whilst unfortunate to restrict the usage of a particular script pattern, we note that the same effect can be achieved using variations of the script pattern e.g. “OP_SHA256 OP_RIPEMD160 <hash> OP_EQUAL”.

This change closes the attack vector and mitigates the need for honest miners to forcibly reject blocks containing theft transactions.  Whilst this could have triggered a valuable demonstration of the principle of honest miners acting punitively against dishonest miners, the public disclosure by Mr. Maxwell raises the potential cost to those miners to an unacceptable level.

Note: The theory is that it is argued if there were any "mistakes" here, and stealing funds was always part of the plan, they just got caught by gmaxwell.

I don't understand any of this.  I read the subreddit linked above.  Which coins might be stolen if the worst happens?  What does it mean for those of us who have bitcoins stored in segwit addresses and "compatibile" (starting with 3) addresses?




Trying to make any sense out of this clusterfuck. So apparently (and I forgot about this) Bitcoin SV did fork from Bitcoin Cash. Now, on BCH addresses:
Quote
When Bitcoin Cash (BCH) was created, it shared the same address format as bitcoin. In an effort to alleviate any confusion for users of both digital currencies, BCH developers later proposed a new unique format for BCH addresses called CashAddr. This new address format will help users more easily distinguish between bitcoin and BCH addresses. The updated format only changes how BCH addresses are displayed, not the underlying private and public keys.

Each BCH address also has a “legacy address,” which is its corresponding bitcoin address. Going forward, the Blockchain wallet will only display the corresponding CashAddr addresses. Users can continue to send and receive using legacy BCH addresses, but we recommend using the new format for an optimal user experience.

So the way I see it is that, people affected by this, will be the ones that had unclaimed BCH which remained in legacy addresses, but only the amounts that be sitting on p2sh... so to put it simple, any unclaimed amounts sitting on addresses that don't begin with 1 can be stolen. This proves in practice, an scenario in which the schelling point to hold your coins is addresses that begin with 1, and nothing else. Nobody will ever be stupid enough to break backwards-compatibility with addresses that begin with 1 (the original format) so seems reasonable to hold your coins in such format.

Now, if you bother with the clusterfuck that is claiming coins from a fork, then go for it, but a lot of people may simply don't even care they lose those coins all things considered. I mean, I would hate giving those guys "free money", but at this point I can't be fucking bothered with any of this nonsense, im trying to relax and enjoy the holidays, last thing on my mind is having to deal with this insanity to be frank. Remember that it requires that you move the entirety of your holdings, then download some dodgy software, then have to sync the entire blockchain of said altcoin, copy the empty wallet after you've moved your funds in there, and finally dump the damn thing. All of this without screwing up in the process.



49. Post 53464259 (copy this link) (by pereira4) (scraped on 2020-04-04_Sat_17.10h):

Quote from: LFC_Bitcoin on December 28, 2019, 12:34:12 PM
My term deposit at bank is about to mature after 6 months. I'm getting like $1k for this shitty investment. And what is worse, the interest rates got halved. Next time, I'll be getting like $500 for the same investment at the same bank.

I am making a big decision here:


Option 1: Keep collecting peanuts. Keep DCA'ing.

Option 2: Buy the dip, Keep DCA'ing. (1-2 btc)

Option 3: Nuke everything and become a 1 million club member while I still can. (all in)

*Option 3 violates my investment rules. Violates it like fuck all gimme lambo.






Option 2

I’m in the same boat. I have $xxx,xxx value in bitcoin.

I have $xx,xxx value in fiat savings.

I’m absolutely balls deep in bitcoin to be honest, probably way over invested than any sane person should be.

I currently get 1% interest per annum which on the fiat savings which is fucking pathetic. I really should pump it all into bitcoin like your option 2 says. It is nice to have some back up cash just incase something happens especially as I’m self employed - i.e. no sick pay, holiday pay etc.

Pump all is "option 3" I believe. Typo?

You current net worth is my target networth for my retirement  Grin Anything over 500k, and I am done. The closer it gets to $1m, the better it is though.

I guess I'll do option 2, and get 1 step closer to the double digits.

I’m close to mid 30’s, $500,000 isn’t enough for me in the UK. My plan is $2,000,000 - $3,000,000 but everything looks simple on paper doesn’t it.

I will never sell all my bitcoin’s though.

And yes typo - Option 3 lol


Are you factoring in taxes? those are some big numbers. Which are the % brackets on capital gains vs income tax on the UK? How did you acquire your BTC? In the US, I've heard if you hold for 1 year, any income tax that would apply expire and only capital gains apply. However the problem would be explaining to the administration that some guy on a forum paid you to post, that you acquired gains through forks, mining shitcoins and trading them on now dead exchanges years ago, faucets which have been dead for years and you  didn't keep any records... all those things add up into a tax nightmare hard to explain as most likely there's lack of documentation that got lost along the way. It's all licit origin, however, there is a risk they think you are bullshitting. It is a clusterfuck cashing out BTC in any scenario that isn't having purchased BTC in a regulated KYC/AML exchange, at your name with registered ID and keeping all buy and sell records. Other than that, you are playing a lottery in which they may or not think you are a dodgy individual trying to launder money. That's the problem for people that obtain BTC any other ways when they want to cash out. For some odd reason some people think they can simply cash out and "the burden of proof is on state authorities, they must prove im a criminal" as if that was a good idea. There's a lot of people that didn't do anything wrong stuck with BTC's not being able to cash out due fear of authorities, since they can't clearly prove the origin. I wonder how much % of that money is part of the BTC that hasn't moved.