Sunday, November 22, 2020

VETV7 ESPORTS (Garena's Lolesports channel in Vietnam) just streamed a Bitcoin talkshow. They have privated the stream.

The link to the privated stream: https://www.youtube.com/watch?v=wVwI_Fngyfg

Garena has continued the tradition of robbing their playerbase with gacha events while simultaneously mining the shit out of your computer. This time they even introduce their players to Bitcoin and Cryptocurrency. I doubt Riot is going to do something about this.

Bitcoin reg


Saturday, November 21, 2020

How to fork bitcoin

To begin with, we’ll take you through the fundamentals. How to fork bitcoin happens when two diggers find legitimate squares simultaneously. Accordingly, when two squares have a similar square stature, this is alluded to as a fork.

​

The chances of finding the following squares on the two branches simultaneously again are fairly low. Be that as it may, in the event that one split of the blockchain develops longer, excavators will join this split, withdrawing the more limited split.

​

The squares in the more limited variant are classified “vagrant squares”. No exchanges are lost since exchanges on the stranded square, in the event that they were not as of now added to the substantial square, are re-communicated to the organization and added into the following legitimate square. These forks generally don’t change the hidden convention. On the off chance that a fork, notwithstanding, is purposeful, it is alluded to as a lasting fork.


[Daily Discussion] Sunday, November 22, 2020

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Altcoin Discussion] Sunday, November 22, 2020

Thread topics include, but are not limited to:

  • Discussion related to recent events
  • Technical analysis, trading ideas & strategies
  • General questions about altcoins

Thread guidelines:

  • Be excellent to each other.
  • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
  • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
  • No discussion about specific ICOs. Established coins only.

If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

Other ways to interact:


Major Moon Math Update: The case for 1M USD/BTC by the end of 2021

Major Moon Math Update: The case for 1M USD/BTC by the end of 2021

https://www.moonmath.win

If you’re a reasonable person you’re already puckering up your butthole. For the moment, please suspend disbelief, unclench your nether regions (around where you put your coal from last christmas), and let that diamond dislodge itself.

There’s a case to be made for one million US dollars per bitcoin. The date for that price target is the end of 2021. Yes, it’s a long-shot. Yes, that prediction requires engaging in speculation. Yes, that speculation is reckless. And, yes, we’re going to engage in that recklessness anyway.

...And, why? Because we’re on the internet and this is supposed to be fun. And, I want /u/nannal to quit his job bagging groceries in the next 14 months. And, we’re going to do this shit because we can, just like we can start a sentence with a conjunction, you dirty little prescriptivist (please reference aforementioned ass clenching).

Still clutching your pearls? Good, because bitcoin ain’t free and you need to pawn those. HODL, pheasants.

Let’s do this shit!

First.

1) I’m a mod here, but there’s a few assholes who think that only makes me a power-hungry dictator. This isn’t an official statement, and these are my personal views.

2) I built the MoonMath site, but many other people in this sub had a hand in developing ideas and improving the site over time. Please be respectful to them and their contributions. These are just ideas and speculation, not a religion.

3) I have a lot of financial resources at stake in this discussion, and probably one metric fuck ton more than you. This halving can create a significant life change for me, or it might not.

Like many of the oldtimers around here, I’m engaging with the possibility of a wide variety of outcomes. One of those outcomes is that Bitcoin doesn’t do a damn thing in 2021. There’s a very real possibility that anybody buying bitcoin today will never see a profit. I think that probability is low, which is why I haven’t cashed out for a life changing amount of money… yet.

</Sizzle>

<Steak>

ATH in 2020 Guaran-fuck’in-teed

Presently, Bitcoin sits at 18,559.20 USD on Bitstamp and we’ve held over 18k for days. In all likelihood, in 2020, 18k will hold, continuously, for an historically long period. Or, we’ll retrace /u/merlin560 ’s long pole (gigity) but we’ll still spend more time over 18k USD/BTC than ever before. 18k will become a floor of support for Bitcoin’s price either now or later, but certainly this year. And, if bitcoin sits within 10% of an ATH for any length of time it’s going to get an ATH. Guaran-fuck’in-teed.

Also, /u/smksldlag ‘s mother whispered to me about a bitcoin ATH this year. (hey Siri, set a reminder to DM /u/smksldlag ‘s mother and have her top up my cell phone so I can call her late night like she likes.)

This Bull run is kicking off early and fast

OBV shows accumulation and distribution of an asset on longer timeframes, especially when you look at the daily or weekly chart. We can see that bull markets consistently show rapid accumulation in BTC through halving events and that this time we’re moving at a pace that more resembles the 2012 halving, but with more speed, greater longevity, and more stability; the market isn’t hesitating as expected, neither when nor where.

The price of Bitcoin is more stable than ever

Getting in fights over the stability of bitcoin was normal for me in 2016. I’d argue that bitcoin is getting more stable over time and other people would tell me that there’s no evidence for that… and that I’m full of shit.

Those people may have been right then, but sure as a duck’s dick drags weeds I’m right today. Weekly Bollinger Band widths show a clear trend toward greater overall stability in the price of bitcoin.

A stable bitcoin is a mature bitcoin, and we all know how much institutional investors want to see greater stability in uncorrelated assets that yield high returns. Diversification isn’t just for /u/smksldlag ‘s mother.

Retail investment is through the roof

Bitcoin didn’t always have a vast selection of exchanges. In fact, there was a substantial period of time where you’d have to use a credit card or personal loan if you wanted to use leverage to buy bitcoin. Leveraged positions on an exchange first became available to Bitcoin in March of 2013, and the rapid expansion of credit available to bitcoin markets shows the role it played in both the boom and the bust cycles of Bitcoin in our first major bull run. Analysis of that chart shows that retail’s percent of trade volume dropped rapidly in 2013, and never really recovered. However, the last 9 months show a dramatic real shift away from credit based trading. Markets are moving toward real cash-based purchases and that leveraged traders and exchanges have been effectively pushed out of the market. Today, for the first time in three years, OTC sources make up more than half of bitcoin’s volume, and the trend is still up.

Altcoins probably aren’t going to recover

Or, at least, the altcoins that were popular in the last cycle will not be as popular in this one.

The previous MoonMath update made a few pessimistic predictions about shitcoin markets, and basically pegged where we’re at now. Also, I did not predict the dramatic drop in price that we saw as a result of coronavirus earlier this year. In retrospect, I probably should’ve known that the macro economic cycles of the world are actually impacting Bitcoin's price now. However the price was like 9k or 10k when I wrote the last update, and that’s about where we were two months ago.

Institutions are here

... and they have no shits for your shitcoins

If rumors prove out, we will see that all large-fund managers will want some level of exposure to Bitcoin in the near future. That’s hard to imagine today, but for the first time it’s actually possible. Smart money will not drive the boom and bust cycles that we’ve seen from Bitcoin enthusiasts who are native to this market. When smart money talks, that bullshit walks.

Altcoins were a major limiting factor in the last bull run because they created a mirage of too much hypothetical (non real) value and combined forces with CME to pop the bull run early.

Let’s round things out

  • The bull is early, fast, stable, and has demonstrated longevity
  • Even though we’re in a bull run, the price is more stable than ever
  • Retail investment is insanely high
  • Bitcoin scored a 33-month high to round out October and probably will again in November
  • Bitcoin continues to be an uncorrelated asset, and it is breaking away from trends in the S&P 500, as well as VIX (Exposure to uncorrelated assets is ideal to fund managers)
  • 70,000 bitcoins left wallets that had more than 100 bitcoins in October. However, wallets with less than 100 bitcoin more than made up for the needed demand
  • Your altcoin is non real and has no demonstrated value after 4 more years of time to invent it.

You can go ahead and stick that diamond in your pipe and smoke it now.

Good hunting.


Could bitcoin taxation even be enforced by the IRS?

I'll preface by saying I'm not suggesting anything illegal and this is more of a hypothetical, I believe people should follow the law and pay when there is a taxable event.

So the most obvious situation where you'd have to pay is if you have coinbase, robinhood, any of those etc and you sell on their platform, that's a taxable event and they mail your 1099 to the IRS. Have to pay those.

I'm planning on hodling for the rest of my life I mean at minimum most of it for 5 years for sure. I know bitcoin is traceable, but I moved everything I have to an offline wallet. I know there are ways to basically move your crypto around to get your identity off of it.

What if I gave my bitcoin to a friend as a gift, under the annual exclusion amount of $15k, (you can gift 15k a year with no taxation, over that you do pay, this applies to any asset not a crypto thing).

So I gave my crypto to a friend, I don't hold any anymore, and I've got an offline wallet I don't need to convert my btc to cash which would obviously trigger a taxable event, I could use that btc in the future to purchase goods and services and your purchase doesn't get reported to the IRS. So is btc taxation pretty much the honor system? we all know how technologically inept government is and they don't have the resources to track down every single person with btc and trace, it would only happen if you get selected for a full audit and you would be able to say you gifted it away x years ago and gifts don't have to be recorded you wouldn't have to identify who it went to.

The only wrench in the idea is if regulation is passed that says every retailer needs to report btc purchases, but there are plenty of international companies online so that doesn't seem that feasible.


[H] WickedGamer's IPTV Service | Watch 24/7 Live | PPV EVENTS/SPORTS/MUSIC | NO BUFFERING | 4k Live TV | 10k Movies [W] Bitcoin & Paypal

WickedGamer's IPTV Service

Welcome To WickedGamer's IPTV service

  1. .High Quality IPTV with No lag
  2. .4,000+ Live TV channels and 10,000 movies
  3. .24/7 live TV
  4. .Consists of worldwide countries channels
  5. .24/7 Support with any issue

--Mainly based on UK but has got other countries too--

PRICE

  1. Trial-3$
  2. 1-month-12$
  3. 3-months-30$
  4. 12-months-45$ 1 connection

All are 1 connections for 2 connections 10$+ for every connection

Thankyou!

**Note:**If anything happens to the service,We will try our best to fix it so far we have fixed all issues whenever we have faced and been running it for a long time but in case it happens we wouldn't be responsible Tho we will try our best level to fix it

Contact me to Purchase

Discord-Wickedgamer95#6109

Telegram-@Wickedgamer95

DISCORD SERVER

https://discord.gg/jaYREZb

==Trust me you won't regret buying!!!==