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re: Official CryptoTalk Thread

Posted on 2/20/21 at 7:48 pm to
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 2/20/21 at 7:48 pm to
Use a good platform and sweep the coins off.

China tried banning it in 2017. Price rose. India is trying now.
Nigeria also. No hope.

Looks like the drug war.
Posted by ChuckO1975
Member since Feb 2021
1292 posts
Posted on 2/20/21 at 7:54 pm to
quote:

not according to Satoshi Nakamoto


Satoshi abandoned bitcoin more than 8 years ago. Any more zingers?
Posted by LSUJuice
Back in Houston
Member since Apr 2004
18017 posts
Posted on 2/20/21 at 7:57 pm to
Like someone else said a few pages back, I was running low on funds to dump into these coins. But we refinanced the house last month, and I just got an email from the former lender telling me they're sending us the escrow refund check (which includes one full month's extra payment).

Now I be all like

This post was edited on 2/20/21 at 7:59 pm
Posted by Pendulum
Member since Jan 2009
7954 posts
Posted on 2/20/21 at 8:01 pm to
Satoshi is laying low until he/them are the first trillionaires.

Elon messed with their plans by buying in though
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/20/21 at 8:05 pm to
satoshi has to be dead, right?
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 2/20/21 at 8:06 pm to
Sergey is alive and well

LINK
This post was edited on 2/20/21 at 8:12 pm
Posted by lsu777
Lake Charles
Member since Jan 2004
36997 posts
Posted on 2/20/21 at 8:17 pm to
quote:

When do you think it'll be listed on coinbase?


Late March or April
Posted by Pendulum
Member since Jan 2009
7954 posts
Posted on 2/20/21 at 8:17 pm to
That's the prevailing theory
For sure
Posted by finchmeister08
Member since Mar 2011
39871 posts
Posted on 2/20/21 at 8:18 pm to
The one thing I don’t understand is how many Bitcoin were available at its initial inception? How could you buy it? How could you sell it? How could you mine it?
Posted by lsu777
Lake Charles
Member since Jan 2004
36997 posts
Posted on 2/20/21 at 8:19 pm to
quote:

Nah. At least that makes some sense as a currency. The rest are a joke.




Ok bud, let's say you're right, still making way more playing then then I ever could on wall street.

But defi is the future, your way of doing things is dead boomer
This post was edited on 2/20/21 at 10:59 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82098 posts
Posted on 2/20/21 at 8:43 pm to
quote:

satoshi has to be dead, right?

Likely yes
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13426 posts
Posted on 2/20/21 at 8:50 pm to
quote:

The one thing I don’t understand is how many Bitcoin were available at its initial inception?

0
quote:

How could you buy it? How could you sell it?

You couldn’t nor would you want to. It was worthless. A market for it didn’t develop until a year or so after its launch
quote:

How could you mine it?

It was easy back then. You could mine with your CPU
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/20/21 at 8:56 pm to
quote:

The one thing I don’t understand is how many Bitcoin were available at its initial inception? How could you buy it? How could you sell it? How could you mine it?


the first could be mined on your computer and they were essentially worth nothing at the time, thats why nobody really cared to store them properly etc.

when the clown made headlines a few months ago for losing billions of bitcoin it is because he mined them when they were not worth anything and he didnt care to store them correctly

obviously, the space is much more sophisticated now, so youd have to be a complete goof to lose your bitcoin today, but that story still scared many people
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/20/21 at 8:57 pm to
quote:

But defi is the future, your way of dying things is dead boomer



we all know what happened to dinosaurs..
Posted by ChuckO1975
Member since Feb 2021
1292 posts
Posted on 2/20/21 at 9:02 pm to
quote:

satoshi has to be dead, right?


I think Hal Finney was the main guy behind Satoshi Nakamoto and he passed away from ALS not too long after Satoshi stopped working on Bitcoin. Hal Worked extensively wjth the PGP project, which is strongly related to the encryption scheme for Bitcoin.
Posted by FlyinTiger93
Member since May 2010
3724 posts
Posted on 2/20/21 at 9:05 pm to
Dinosaur question here. Just set up Kucoin so I don’t miss out on BNB, DOT, and ADA. Can’t figure out how to buy into CAKE with BTC, if that is even possible. Seems to be USD only.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/20/21 at 9:12 pm to
yep, thats accurate. its only CAKE/USDT right now on kucoin
Posted by FlyinTiger93
Member since May 2010
3724 posts
Posted on 2/20/21 at 9:22 pm to
Thought it was just because I was a newbie. Their interface took me a little while to figure out.
Posted by Dawgfan247
Member since Jan 2021
1900 posts
Posted on 2/20/21 at 10:25 pm to
Quick question, does anyone care about total supply anymore, or does it really affect how high a price can get
Posted by SUG
Member since Nov 2015
667 posts
Posted on 2/20/21 at 11:01 pm to
My portfolio was wrecked.. So I said F it in 2019 I cashed out chunk of 401k and put it in btc eth ada icx. Feels good should have done more
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