Bitcoin price suddenly surges to 3-year high

[mtcn77]

Because supposedly that's what they'll want to do, control supply, transaction fees, interest rates etc. Which they can't.

That is what you think. You have to be connected to a power outlet. Just where do you think you can go not to be tracked, space?

 

[Vya Domus]

You have to be connected to a power outlet. Just where do you think you can go not to be tracked, space?

What does that have to do with this ?

 

[mtcn77]

What does that have to do with this ?

At least, VISA has a 4:1 advantage in power usage. You are a sitting duck. You have to have a heat map signature. If you think they cannot trace you, that is because it is not necessary to do so. They just regulate the exchanges. A house plant doesn't go very far...

 

[Vya Domus]

At least, VISA has a 4:1 advantage in power usage. You are a sitting duck. If you think they cannot trace you, that is because it is not necessary to do so. A house plant doesn't go travelling...

You make some strange connection between power usage and tracking which I do not understand. First of all most coins will move to POS so the power consumption will gradually become less and less of a problem. Secondly, tracking down crypto usage can be made to be near impossible, encryption is a real bitch.

 

[mtcn77]

You make some strange connection between power usage and tracking which I do not understand. First of all most coins will move to POS so the power consumption will gradually become less and less of a problem. Secondly, tracking down crypto usage can be made to be near impossible, encryption is a real bitch.

I don't intend to use unnecessary brain cells. It is just that even after generation - which gives pinpoint accuracy on the source - internet packages can be tracked and if you think not, you can assume no one is listening in on the line, but I won't. I'm okay with people assuming they can verify the whole chain of trust by themselves when there are entire departments for this sort of thing.

 

[Vya Domus]

It is just that even after generation - which gives pinpoint accuracy on the source - internet packages can be tracked and if you think not, you can assume no one is listening in on the line, but I won't. I'm okay with people assuming they can verify the whole chain of trust by themselves when there are entire departments for this sort of thing.

You can track packages, what you can't do is know what all of them contain. Good luck acquiring and analyzing roughly 10^15 packets per day. Without knowing ahead of time what to target specifically it's hopeless, throw in some onion routing and you're done. And even if you knew, again, application level encryption can screw up your day.

We're talking about a gargantuan effort and for what ? So that your government can know if you've been transferring dogecoin around ?

I don't intend to use unnecessary brain cells.

Be careful as to not skimp on too much of those.

 

[mtcn77]

You can track packages, what you can't do is know what all of them contain. Good luck acquiring and analyzing roughly 10^15 packets per day. Without knowing ahead of time what to target specifically it's hopeless. And even if you knew, again, application level encryption can screw up your day.



Be careful as to not skimp on too much of those.

I understand you are a westerner and this is your idea of freedom, but it is closer to rebelliousness by my understanding. Being insubordinate might actually be contempt and therefore vanity if it clashes with humility. Occam's razor.

 

[Vya Domus]

I understand you are a westerner and this is your idea of freedom, but it is closer to rebelliousness by my understanding. Being insubordinate might actually be contempt and therefore vanity if it clashes with humility. Occam's razor.

I am actually not a westerner, I know there is little to no real privacy but that's simply because you give it up by using certain pieces of software. However, if you really want to, you can still pass around data that's near impossible to be tracked or understood.

 

[mtcn77]

I am actually not a westerner, I know there is little to no real privacy but that's simply because you give it up by using certain pieces of software. However, if you really want to, you can still pass around data that's near impossible to be tracked or understood.

Sounds like security by ambiguity. Sorry if I look too limp, I never assume the subsequent. ESL and mental slowness makes me a pessimist. I'm sure there are some people less negatively predisposed to a roulette table.

 

[trog100]

that is what i wanted to see.. bitcoin up at 36K and eth at 2265..

trog

 

[sepheronx]

that is what i wanted to see.. bitcoin up at 36K and eth at 2265..

trog

it goes up, it goes down. It will go down again I presume. But if not, then I missed out on more.

 

[Chomiq]

that is what i wanted to see.. bitcoin up at 36K and eth at 2265..

trog

It's been like this since Wednesday, downward trend continues nonetheless.

 

[trog100]

it goes up, it goes down. It will go down again I presume. But if not, then I missed out on more.

i am rather hoping the down selling is now over and its up from now on..

having said that i (unlike the negative no coiners in this thread) do have a horse in the race.. this does influence what i think..

i saw no logical reason for the huge losses we have just seen except manipulation by whales and panic selling by newbs..

there is no real change in the fundamentals for most of this year the fundamentals have said up so i am just waiting for things to get back on course..

trog..

 

[Vya Domus]

Prices will certainly bounce for quite a while, you have lot of people who are still on the fence about selling (likely those who bought in pre 2021 and missed the signals) and new investors are buying and immediately selling out of fear as soon as there is a slight dip.

 

[trog100]

Prices will certainly bounce for quite a while, you have lot of people who are still on the fence about selling (likely those who bought in pre 2021 and missed the signals) and new investors are buying and immediately selling out of fear as soon as there is a slight dip.

the fear hasnt arrived by accident.. its been but there by people who have an agenda..

the big fear is that bitcoin will keep going down and that a cycle top has been reached.. i see 30K as a pivot point and 35K as a stable bottom.. back up to 40K and holding there will soon bring the confidence back..

time will tell..

trog

ps.. long term (years) bitcoin has only one clear signal.. it keeps going up..

 

[lexluthermiester]

there is a world full of people that are not US citizens lex.. tis a shame most Americans dont seem aware of this.. he he he

trog

Gee, thanx for the tip. I was sooo not aware of that...

Not this time they wont, like someone pointed out above, it's like trying to stop piracy. You can do various things to drive away people from it, sure, but to control it, it's not feasible.

Yeah, keep telling yourself that... The US governement has treaties and agreements with nearly half of the nations of the world. So as a general rule, when the US government makes a law about something that has international implications, especially were finances and taxation is concerned, partner nations generally follow suit.

 

[Hemmingstamp]

it goes up, it goes down...

But it never goes round and round.... Hmmmmm.
Loving all the crystal ball predictions here

 

[Vya Domus]

The US governement has treaties and agreements with nearly half of the nations of the world. So as a general rule, when the US government makes a law about something that has international implications, especially were finances and taxation is concerned, partner nations generally follow suit.

Matter of the fact is you keep saying it will without providing any explanations on how it would be done.

 

[mtcn77]

Matter of the fact is you keep saying it will without providing any explanations on how it would be done.

Trickle down economics.

 

[Vya Domus]

Trickle down economics.

Crypto is already taxed in many countries.

 

[Hemmingstamp]

It's been like this since Wednesday, downward trend continues nonetheless.

You'll never get that 3090, just face the fact

 

[lexluthermiester]

Matter of the fact is you keep saying it will without providing any explanations on how it would be done.

I'm not a lawmaker and I'm not willing to spend 3 days of my time trying to help you understand a concept that should be plainly obvious.

 

[Vya Domus]

I'm not a lawmaker and I'm not willing to spend 3 days of my time trying to help you understand a concept that should be plainly obvious.

You're not a lawmaker but you simultaneously insist that you could sit here for 3 days to explain all this, how very humble.

Also, they're so painfully obvious you couldn't even mention one thing. Cool story.

 

[lexluthermiester]

You're not a lawmaker but you simultaneously insist that you could sit here for 3 days to explain it, very humble.

Also, they're so painfully obvious you couldn't even mention one thing. Cool story.

Ah, you're flame baiting. Gotcha.

 

[Vya Domus]

Ah, you're flame baiting. Gotcha.

Gaslighting, classic.

Not the first time you insist to be right with zero arguments either, so I didn't expect much from you other that to jump straight to trolling.