Recent content by sharklasers

When there is no more cheap Russian oil and gas it's going to be even uglier.

6-7 years ago they somehow sniffed that incoming money are crypto related and took everything (a hundred and something dollars) as compensation for disturbance. Since then I haven't touched them with a ten foot pole.

For many it became "Do something" these days.

I have dumped all BCH (not that I had very much), stopped BTC accumulation and focused on LTC. Why? Because LTC requires a minuscule transaction fee right now and probably could be atomically swapped with BTC while bypassing centralized exchanges in the future...

There's no viable scaling solution yet (only smoke and mirrors) therefore no price breakthrough. That's no wonder since the very beginning crypto has permanently been under attack. In these circumstances one has to exhibit patience.

It began with switch from Proof of Work to Proof of Stake IMHO. A multi-billion experiment.

One sells two bitcoins at the top using futures or other derivatives (Disclaimer: I'm not a future pro at all) and then slowly sells his one bitcoin for cash while at the same time liquidating the future position.

One could also use good old cash combined with futures for price fixing but that would imply a fair amount of footwork.

If ruling class can't offer equitability then ruled one will create it by itself. This process is usually called revolution.

If my memory doesn't fail me, main purpose of bitcoin creation was protection of one's savings from money printing expropriation. And so far it seems to work just as intended.

Hence to fight and conquer in all your battles is not supreme excellence; supreme excellence consists in breaking the enemy's resistance without fighting - Sun Tzu

I don't remember a single working hour being spent in vain. Sooner or later some reward will follow - educational, financial or some kind of special knowledge. The more working hours - the better (and keeping track of amounts - the best), but of course there always will be limiting constraints -...

So you aren't able to assemble a decent car (before the war Russians imported Western cars, now they are importing Chinese ones) but nevertheless call someone who invented automotive conveyor a century ago stupid. Nothing wrong with that at all.

Formally, unlimited resources break the law of conservation of energy. But this is in human nature to avoid cages, deadlines and even thoughts about own death.

5. Whenever an opportunity arises request payment and offer to pay using a fair currency system.