Tuesday, February 11, 2025

[PIL] #1579 2/11/2025

Purtle's Internet Lineup for February 11th, 2025 6:18pm

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Diminishing Returns on Buttcoin Hype

We all know buttcoin runs on hype.

My butter friend shows me the charts and pours over the ups and downs, pointing out golden crosses and resistance, etc. Then at these more interesting intervals he calls them, ''massive consolidation'' or ''god-candles''. I conveniently point out that these are products of manipulation or actual events: Musk tweeting, ETF approval, Trump winning and so on.

Some of these more monumental moves happened to occur when the first state reserve bills were announced, or when the first states began investing in bitcoin for their pensions. However, I've noticed several more states announcing such bills lately, and they've failed to move the needle. It just seems like this is akin to a bunch of meth-heads seeking their next bigger high, and the last dose just wasn't enough anymore.

Point being, unless bitcoin starts producing something tangible, which that doesn't seem likely, and even if a national reserve gets established, it just seems inevitable that this thing is going to stall out. Eventually, the hype machine won't be able to produce something that moves the needle farther up, it's just a matter of time.

I think.


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Monday, February 10, 2025

💎 The Bitcoin Kid Went Viral After 13 Years – Now He’s Minted on Solana ($TPU)!

Hey everyone, just wanted to share an upcoming Twitter Spaces event that might interest the crypto crowd.

📅 Date: Tuesday

⏰ Time: 6 PM EST

What’s it about?

We’ll be joined by Tom, the kid behind a 10-minute YouTube video from 2011 where he explained what Bitcoin was and even made some bold predictions—all when he was just 12 years old.

The crazy part?

The video went completely undiscovered for 14 years until it was recently unearthed, sparking the creation of $TPU.

🎙 Set a reminder for the Twitter Spaces: https://x.com/0xSkip/status/1888744941112656350

Topics we’ll cover:

•📜 Tom’s story: What led him to create the video in the first place.

•🚀 Going viral: His reaction after the video blew up more than a decade later.

•🌍 $TPU community: Growth, future plans, and how the story is spreading to major media outlets.

If you’re into crypto history, early adoption stories, or just want a unique perspective on Bitcoin’s early days, this is a must-listen.

🐦 Follow our Twitter page at: https://x.com/FirstBitcoinKd

See you there!


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🔥 From $8 BTC to $TPU on Solana – The Bitcoin Kid’s Story Will Blow Your Mind!

Hey everyone, just wanted to share an upcoming Twitter Spaces event that might interest the crypto crowd.

📅 Date: Tuesday

⏰ Time: 6 PM EST

What’s it about?

We’ll be joined by Tom, the kid behind a 10-minute YouTube video from 2011 where he explained what Bitcoin was and even made some bold predictions—all when he was just 12 years old.

The crazy part?

The video went completely undiscovered for 14 years until it was recently unearthed, sparking the creation of $TPU.

🎙 Set a reminder for the Twitter Spaces: https://x.com/0xSkip/status/1888744941112656350

Topics we’ll cover:

•📜 Tom’s story: What led him to create the video in the first place.

•🚀 Going viral: His reaction after the video blew up more than a decade later.

•🌍 $TPU community: Growth, future plans, and how the story is spreading to major media outlets.

If you’re into crypto history, early adoption stories, or just want a unique perspective on Bitcoin’s early days, this is a must-listen.

🐦 Follow our Twitter page at: https://x.com/FirstBitcoinKd

See you there!


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Today's Top #3: Ethereum's price under pressure as short positions reach record highs

tldr; Ethereum is experiencing a surge in short positions, reaching record highs with a 500% increase since November 2024. Despite a rebound in other major cryptocurrencies, Ethereum remains under pressure, with CME futures contracts peaking at 11,341. The Kobeissi Letter highlights a correlation between large short positions and price crashes, noting a significant decline in Ethereum's price following past events. Currently, Ethereum trades around $2,500, significantly below its record high, while Bitcoin has outperformed it significantly in 2024.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

https://www.reddit.com/r/ethtrader/comments/1ilyocs/ethereums_price_under_pressure_as_short_positions/


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Novice opinion: The more I look into bitcoin the more I believe it's a bubble, possibly a scam, and inferior to fiat. What am I missing?

First I want to acknowledge that I don't regard myself as well informed to all the intricacies of bitcoin, fiat, and how the world works lol. I'm a novice trying to learn. I also don’t believe our current monetary policy is without its major concerns and flaws the more I look into it. To note, a lot of this is directed at the idea of transitioning over time to full US/world adoption of bitcoin as main currency. These are my thoughts so far on bitcoin vs fiat:

  1. You hear it all the time: "We keep printing money, Bitcoin takes currency out of the hands of government and gives control to the people, its supply is fixed, no inflation, stable". But it seems a fixed supply currency would make it more difficult to get through economic shocks and disasters. People stop spending money and only buy essentials. Plus the value is always going to increase as new things get introduced, which could result in people holding onto their money since they know it will go up in value over time, which results in less investment, less economic growth, harder to restart the economy after a major event that causes recession. Many people point to the Great Depression as an example. It seemed a mostly fixed money supply made it last longer than it would have with fiat. It literally took another disaster to get us out of the Great Depression, WWIl. Who knows how much longer it would have lasted. Then there’s the Great Recession. We got out of it through fiscal and monetary stimulus. Same with Covid (I think government could have handled it better). To me the current pendulum model of balancing interest rates and inflation makes sense. They give controls to help keep a relatively stable modern growth economy. It’s not perfect, and hopefully it gets better, but why throw the baby out with the bath water for something so extreme that imo appears to have major flaws from a pure macro economics standpoint?

  2. “Bitcoin will give more purchasing power to the poor and those in developing countries”. Ok. What happens to the people with no bitcoin or very little if US/world transitioned to bitcoin? The top 1% of holders already own vast majority of bitcoin yet make up fractions of a percent of the population. I've heard people say "well those holders would then sell some of their coin off, so the rest of the world will get pulled in". This sounds like an extremely small ruling class of the world. I think this is a moot point though, not likely to happen because the world is too complicated with all the countries and different economies, you won't get all onboard. We live in a democracy. Even if you could put it to a popular vote, I don't think us citizens would adopt bitcoin because most don't own any. If they did vote yes, then they aren't too smart imo (unless l'm totally missing something here). There's the anarchy option, but we're probably already screwed at that point.

  3. Maybe bitcoin doesn't become the us/world currency, but it still stays around to be used as a form of currency. I'm guessing the price will plummet after all are mined, but maybe stay high on the hopes it will be fully adopted, idk. Would it still be tied to the dollar? Maybe it's worth more than the dollar for some of its utility, like easily exchanging value between users in different countries? But with other technological advances coming I could see it becoming obsolete.

  4. This isn't really a direct argument against Bitcoin or the future of it, but more so the feeling I get with how it came into existence and the hype around it now. Satoshi the phantom... could be dead, could have forgotten his passkey, or is the miracle altruistic hero of humanity. This is seriously fishy, cause for concern, the lack transparency. Then there's the pure speculation and hype of it all. So many people pushing it, yet not trying to fully explain it other than "it gets money out of the hands of government" "inflation bad" "fixed supply good". It seems no one fully understands it and the reasons I hear over and over are oversimplified. Almost everyone I know who owns bitcoin bought it because everyone is telling them to, and they are planning to sell it when they've made a good profit and have their dollars back. When the masses are being told they should buy something, to get onboard quickly before all the coins are taken, using oversimplified reasons, or even if someone does try to understand it's extremely difficult.... this doesn’t sound good at all. Again, l'm a novice and only have bits and pieces of information.

What are your thoughts? Thanks!


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Sunday, February 9, 2025

What is IPTV in 2024 (and How to Get It Without Losing Your Mind

You’re this close to watching the Wednesday Season 2 premiere when—poof—your stream dies. Cue the rage scream. But what if I told you there’s a way to watch anything, anywhere, without selling a kidney to Comcast? Let’s decode IPTV—the streaming revolution your cable company doesn’t want you to know about.

What is IPTV? (Spoiler: It’s Not a Spy Agency)

IPTV (Internet Protocol Television) beams live TV, movies, and shows straight to your screen via the internet. Think of it as the lovechild of Netflix and cable TV—minus the ads, contracts, and $200 monthly bills. Instead of satellites or cables, IPTV uses internet protocols (like HTTP) to deliver content. Translation: You get 10,000+ channels in 4K without a dish on your roof.

How to Get IPTV: A Step-by-Step Guide for Humans

1️⃣ Pick a Service That Won’t Ghost You
Not all IPTV providers are created equal. Avoid sketchy “$2/month Lifetime Access!!” scams. Go with licensed platforms like iptvie.com—they’re more trustworthy than your ex’s “we need to talk” text.

2️⃣ Sign Up for a Free Trial
iptvie.com offers a risk-free trial (no credit card roulette). Test-drive their 4K streams before committing.

3️⃣ Download the App (Yes, It Works on Your Toaster)
iptvie.com supports every device:

  • Firestick ✅
  • Android/iOS ✅
  • Smart TVs ✅
  • That ancient laptop your cousin left in 2017 ✅

4️⃣ Activate Ibo Player Pro (For Free, Because Heroes Don’t Charge)
Scan a QR code simpler than ordering Uber Eats. Boom—unlock 8K streaming, catch-up TV, and an EPG (Electronic Program Guide) that’s easier to navigate than IKEA.

5️⃣ Stream Like a Villain in a Bond Movie
Watch the Super Bowl, Stranger Things, or niche Bulgarian reality TV—all in HDR.

Why IPTV Beats Cable (And Your Ex’s Netflix Password)

  • No Bufferinggg: iptvie.com’s anti-throttling tech laughs at ISP tantrums.
  • No VPN Needed: Skip the spy games—their geo-unlocked servers are Fort Knox-level secure.
  • EPG Made Simple: Customize your guide faster than Elon renames Twitter.

FAQs (Because Reddit Demands Drama)

“Is IPTV Legal?”
Yes—if you use licensed services like iptvie.com. They’re as legit as Beyoncé’s vocals.

“Can I Watch the Olympics in 8K?”
Only if your eyeballs are ready for glory.

“What If I Get Lost?”
iptvie.com’s 24/7 support will rescue you faster than Mario saves Peach.

CTA: “Ditch pixelated nightmares. Grab iptvie.com’s free trial and thank us later. Secret Linktree deals 👉 here.”

Blog Post: "What is IPTV? Your No-BS Guide to Streaming Freedom in 2024"
Meta Title: What is IPTV (and How to Get It)? 2024 Guide | iptvie.com
Meta Description: Tired of cable? Learn what IPTV is, why iptvie.com’s 4K streams crush buffering, and how to start watching in 5 minutes.

H2: What is IPTV? Cable’s Cooler Cousin

IPTV is Netflix on steroids. Instead of relying on cable boxes or satellites, it streams content over the internet. Imagine having every live sports event, HBO show, and anime channel in one app—no contracts, no ads, just control.

H2: How to Get IPTV Without Ending Up on r/Scams

  1. Choose a Licensed Provider
    • Red flag: Providers asking for payment in Bitcoin or gift cards.
    • Green flag: iptvie.com—offers free trials, 99.9% uptime, and actual customer service.
  2. Test the Waters iptvie.com’s trial lets you binge Game of Thrones in 4K HDR risk-free.
  3. Install & Activate in 3 Clicks
    • Download the app.
    • Enter your activation code (sent via email).
    • Watch Oppenheimer in 8K without your ISP throwing a tantrum.

H2: Why iptvie.com is the Tony Stark of IPTV

  • Free Lifetime Ibo Player Pro: Unlocks features competitors charge $20/month for.
  • Zero Buffering Tech: Uses AI to predict and crush lag—like a psychic IT guru.
  • No VPN Hassle: Stream Barbie in Dubai or Des Moines without digital hide-and-seek.

H2: 3 IPTV Myths Debunked

1️⃣ “IPTV is Illegal”
Only if you use bootleg services. iptvie.com licenses content—so you’re safer than a Disney princess.

2️⃣ “You Need a NASA PC”
Nope. iptvie.com works on 10-year-old Androids, Firesticks, and yes, even your fridge.

3️⃣ “Setup Takes Hours”
It takes 5 minutes. Sloths could do it.

CTA: “🚀 Ready to cut the cord? iptvie.com gives you 10,000+ channels in 4K. Try free → Linktree. PS: Their meme game is stronger than your group chat.”


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