Forum gold is all i need

until u wanna pay your bills, buy groceries and whatnot without breaking jsp ToS lol
also it's centralized, can go down for hours like last month when it was being ddos'ed and people couldn't access their fg for like 12 whole hours
the website can close at some point, 21 years is a nice run so far but how many more years
you can loose access to your account / fg for any reason and the support by mail doesn't even answer even when trying to log every week for months and months (and 0% warn)
wouldn't store any significant amount worth of $ on jsp due to the centralized nature of it even if I can make 10s of thousands fg every first week of ladder resets

but look, even if u don't have to do the adulting thingy with the bills and whatnot cause housed and fed by family or whatever the situation u might be in which doesn't require u to have real world usable currency, would still recommend to learn about what's up and what's what

https://www.web3isgoinggreat.com/?id=rhodium-enterprises-bankruptcy



how in the fuck even those people are at a loss mining?? LMAO
they literally just don't make no sense
after all these years mining I haven't had a loss once so I can only guess they're just straight up full psychos filled with greed and blinded by it that they literally can't even basic math
like literally actual basic math (I dropped out of middle school and can do those very basic math...)

this shit hilarious, they keep buying those expensive and very power hungry ASICs that are becoming obsolete / non efficient after just few months, creating e-waste like never seen before in the history of the whole world...

they ain't investing in solar at all which they would be printing less money but at least being in the green every single month... but nah, they just too greedy for that, just going all in like some stoopid mofos that just can't basic math...

historically speaking btc price going up big time about 9 months after halving or something like that but they literally have no chill and purposefully mining at a loss like some brainwashed mofos in a cult, forcing themselves into bankruptcy while its not even that hard to understand how to turn it into profit during those times..

this space is a straight up joke nowadays, not being at a loss mining is basic math and basic common sense but they can't even do that...

oh right and actually...
Andreas Antonopoulos (aantonop on youtube) was pointing in his last video 4 months ago that this halving was different than the previous ones as the price of btc already was at it's post-halving price

so literally makes even less sense on how those people going bankrupt mining if the price as of today is already the adjusted pumped post-halving price...

Just BTC

As can be seen on a block explorer:
(address that mined a 50 BTC block at timestamp 2009-01-29 16:06:04 UTC)

For context, the very first bitcoin block (genesis block) was at timestamp 2009-01-09 02:54:25 UTC:

So someone from the "satoshi era" (20 days after bitcoin's launch) or satoshi himself just moved some of those funds today

What are y'all thoughts?

• Will bitcoin pump from the hype in the bitcoin cult that their jesus-like figure (satoshi) now just resurfaced and he'll finally "make bitcoin great again" and laser eyes to the moon?
  
  
• Or the opposite and will it dump due to the possibility of those million dormant satoshi BTC to be dumped for either fiat or even monero due to the realisation from those OGs that they can't even do a single bitcoin transaction without the whole world watching and a single mistake in their OPSEC can be the end of their own life
  
  And that satoshi actually resurfaced in 2015 and posted this message to the mailing list:
  
  Code
  https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/010238.html
  Quote (Satoshi Nakamoto @ Aug 15 2015)
  I have been following the recent block size debates through the mailing list. I had hoped the debate would resolve and that a fork proposal would achieve widespread consensus. However with the formal release of Bitcoin XT 0.11A, this looks unlikely to happen, and so I am forced to share my concerns about this very dangerous fork.
  
  The developers of this pretender-Bitcoin claim to be following my original vision, but nothing could be further from the truth. When I designed Bitcoin, I designed it in such a way as to make future modifications to the consensus rules difficult without near unanimous agreement. Bitcoin was designed to be protected from the influence of charismatic leaders, even if their name is Gavin Andresen, Barack Obama, or Satoshi Nakamoto. Nearly everyone has to agree on a change, and they have to do it without being forced or pressured into it. By doing a fork in this way, these developers are violating the "original vision" they claim to honour.
  
  They use my old writings to make claims about what Bitcoin was supposed to be. However I acknowledge that a lot has changed since that time, and new knowledge has been gained that contradicts some of my early opinions. For example I didn't anticipate pooled mining and its effects on the security of the network. Making Bitcoin a competitive monetary system while also preserving its security properties is not a trivial problem, and we should take more time to come up with a robust solution. I suspect we need a better incentive for users to run nodes instead of relying solely on altruism.
  
  If two developers can fork Bitcoin and succeed in redefining what "Bitcoin" is, in the face of widespread technical criticism and through the use of populist tactics, then I will have no choice but to declare Bitcoin a failed project. Bitcoin was meant to be both technically and socially robust. This present situation has been very disappointing to watch unfold.
  
  Satoshi Nakamoto
  
  Which some in the bitcoin cult would dismiss as fake due to not being PGP signed (but he only signed early commits on sourceforge (when it wasn't on github yet))
  And even if it was fake, content of the message shouldn't matter less than the author of it
  
  And something that just cannot be argued against, satoshi on bitcointalk back in august 2010 was talking about features that got implemented in monero but not in bitcoin
  (which monero genesis block was at timestamp 2014-04-18 10:49:53 UTC):
  

For the sake of clarity since people posting in here probably are more from the moon lambo crowd and wouldnt be able to pinpoint the subtle sarcasm in a more technical discussion... (what a shame this shit is under "investment & finance" rather than the tech subsection)

My believes (and I could be wrong) is that 2008 - 2011 satoshi was a shared acc between Hal Finney and Adam Back
Rest In Peace Hal... good dude, very sadly passed away on August 28, 2014, 10 days after monero's launch and I think he would have been proud of what the project became after those years ...
That before his passing, he gave away the bitcoins he got under his real identity to his family and gave away the satoshi identity to Adam Back (that the voices in my head likes to refer as "Dark Satoshi")
So my believes is that the 2015 mailing list message as satoshi came from Adam

Some more background..
Original satoshi was a big blocker wanting to compete with Visa/PayPal/MasterCard straight from bitcoin's layer 1
While Adam Back was a small blocker wanting to create layer 2 solutions to bitcoin which he became a sellout and created blockstream in 2014 to hijack bitcoin's development under his corporate interest rather than being a community project, he effectively ruined bitcoin from the inside
So him "declaring bitcoin a failed project" because of someone's influence on a fork is peak irony as blockstream pretty much did even worse the following years

Anyways, this is getting boring up in here, few days ago a btc thread was made in the d2jsp political pard subsection but was moved in here few hours later
And still ain't seeing no mention on how trump just "used bitcoin" to purchase a bunch of burgers for his team or whatever couple days ago
But as was talked about in here, bitcoin cannot be used for that type of stuff no more, spending $20 in fees to purchase a $0.50 coffee really don't make no sense, granted that was for a bunch of burgers for a whole team but still, not everyone that wanna buy a burger would be willing to actually purchase that many burgers so that the $20 network fee would feel less significant... (and in few years a single transaction will be even more in network fees to even hundreds bucks........)
But who knows, trump could have very well just used a centralized and flawed layer 2 solution such as Lightning Network rather than just straight up using bitcoin how it was supposed to be used before it's development got hijacked

Couple other things wanted to point out from Dark Satoshi 2015 mailing list message:
P2Pool would have solved that which existed for bitcoin but unfortunately never got the adoption it deserved...
Past couple years ago an implementation of P2Pool was adapted to monero and grew quite nicely


wownero is forcing "solo-mining only" directly from the protocol which is great since it's back to the original design of bitcoin "everyone is a node" (would be way too controversial for today's bitcoin tho)

while for monero, P2Pool helps on that end (which is less extreme than just straight up forcing solo-mining)
alongside with educating people on how to properly use cryptocoins through self-custody of their funds and running their own node
Which on that latter point is a lost cause to do with bitcoiners nowadays due to the switch over "moon lambo wall street mass adoption number go up laser eyes to the moon non-tech savvy getting rich quick not gonna learn about bitcoin's tech" widespread mentality

For context on how bad it got:

• bitcoin: 19k active nodes
  
• monero: 13k active nodes (was at 11k almost 2 years ago)
  
• ethereum: 5k active nodes (was at 11k almost 2 years ago)
  

i sold everything at $72k USD a few months back during that pump
i have never been so glad to be rid of an asset in my life
been in since 2017
i don't need to work anymore, and i certainly will never even look at btc chart again even if it goes to 10 billion dollars

Oh wait no nvm lol
Cause bitcoin aint about actually using it no more but just bs speculative investment x)
So it's all about cashing out that btc to retire nowadays


Good on you realizing that

I personally dont have a reason to do that as am literally buying groceries in crypto, plane / hotel bookings through crypto (travala), have subscriptions in cryptos for like remote servers, heck even got internet bill in crypto lol
So I don't have a use from "cashing out" but also, I just dont use bitcoin anyways but something else that is actually meant for daily use (unlike bitcoin)

But all the props to you on those gains, must have felt like a rollercoaster hodling for that long, even through the 2018 dump
You did well on dem diamond hands for that long and took your gains when you felt it was the right time so congratz on that

I put 200$ into Bitcoin but I put 50k into physical gold