Post
Topic
Board Speculation
Re: Long term advance notice!
by
THX 1138
on 24/11/2019, 17:07:41 UTC
OK, this is without a doubt the FINAL time I'll be relaying a message on this forum from Shelby. If I am tempted to in future (including any additions) I promise to change my password to randomised characters so I'll be locked out for good, otherwise my word is meaningless. So here you go for the last time:

Quote from: Shelby
What is the solution for BTC holders? Should we sell to fiat at halving and then buy back into legacy BTC after a fork has happened? Is there any way around this issue IF it happened?

Because of destructive censorship (c.f. also), this is absolutely the final post written by me which is granted my permission to be shared on BCTalk. I felt obligated to reply because otherwise you’d not have a concise and clear summary of possible countermeasures. I will hopefully converse with you guys again at a decentralized forum (that runs on a truly decentralized blockchain) in the future. In the meantime, you can find updates from me on my Steemit, Busy, Medium, Twitter, and Protonmail accounts. Direct future questions to those non-BCTalk accounts, else you will not receive a reply from me:


As a consequence of my recent epiphany, just hodling in legacy addresses that start with a 1 is no longer sufficient. My stratagem is sell what I will forever need in fiat from cryptocosm capital gains, some days or weeks before the halving (before Craig has initiated his private legacy chain so as to avoid the posited implicit income taxation) iff (if and only if) the price is significantly above $20k (which will be the indicator that the SegWit attack is proceeding or not. c.f. also), and hodl the rest (in minimum of 1 BTC outputs, because transaction fees will rise so much after the posited SegWit attack, if it occurs) to exchange it at $1 million valuations (in the future after the dust settles, c.f. also) anonymously on an anonymous decentralized exchange for a truly anonymous altcoin. You will likely never again be able to convert that crypto to fiat (c.f. also). It will have to stay in the dark economy that will presumably grow as the coming global financial and monetary crisis foists radical totalitarianism on the world, c.f. also. That’s the only option I can find so far. If the authorities know you had that Bitcoin, then perhaps try to claim the private keys were stolen.

Disclaimer: none of this is investment nor legal advice. Do your own independent due diligence. I’m not a professional adviser, and this is only for your entertainment. Consult your own professional advisers. I am not advising you to break the law nor “the illusion of the rule-of-law”. Red-pill or blue-pill, or puke-green-fuckitall-pill, it’s your choice. Gold, bullets, booze, hookers, ephebophilia, Lambos, cocaine, confession and religion are optional.

Of course this entire thread (and all linked blogs and comment posts) are archived at archive.is and archive.org.

P.S. I posted a Medium comment about the timing and all:


Indeed your blog Why Bitcoin and Crypto Have No Future is an excellent, enumerated description of why the cryptocosm is building to the crescendo of the analogous turn-of-the-century dot.com mania bubble top. Mainstreet and Wallstreet are being onboarded for the slaughter with for example Bakkt. And the incipient nosebleed top for Bitcoin to likely come in 2020/21 at over $1 million, yet if my understanding is correct, then most Bitcoin hodlers will lose all their Bitcoins in SegWit donations to the legacy miners before they can cash out. Yet I posit the coming crash will be due to a threat that is quite different than is widely expected or known. And the future Amazon, eBay, Priceline, Paypal, etc. will be built during coming posited implosion of the cryptocosm, because if posited correctly then the underlying legacy Bitcoin will survive, although the Core Bitcoin (an impostor soft-fork) which everyone incorrectly thinks is Bitcoin will perish when forced to fork-off. The full details are contained in the "Long-term advance notice" discussion thread at the Bitcointalk forum.