Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 22/06/2023, 16:56:17 UTC
[edited out]
Never said BTC was broken. But they will need to adjust fee system faster than many think.

You said that BTC is structurally inferior to other POW coins, such as litecoin and doggie coin, and you said that you were convinced that the incentive systems in other coins, such as doggie coin, were going to beat bitcoin out because bitcoin was structurally inferior... unless bitcoin changes its mining reward mechanism....

So, yeah, even if you did not use the word broken, you seem to fail/refuse to accept the power of bitcoin, and you seem to think that bitcoin needs to be fixed in the direction that you are suggesting.

I think that you are a bit of a Nostradamus wannabe, and that you are trying to get credit for some kind of a novel idea, and it seems to me that no action is required at this point, even though it likely is not a problem to continue to monitor bitcoin and its incentives, and if it appears that bitcoin needs to be fixed down the road in order to create more of a tail emission or something like that, then the problem could be addressed when it becomes a problem rather than speculating on a problem and acting as if it exists when it seems to mostly just be a theoretical problem that might exist in the future, but then again it might not exist in the future.  The problem that you proclaim to exist is not as certain as you are making it out to be, and therefore it does not need to be addressed/fixed right now in an emergency way, as you seem to suggest to be needed.

I made out bigly on that Binance flash pump.
My 10 doggie doo coins multiplied 10x. I immediately filled out appropriate paperwork to have them cashed out and have the evil fiat deposited in my criminal bankster account.
Yes, I kyc'ed myself and now my life is ruined, but I think it was well worth the effort.
After all, I got a free six pack out of the deal.
Now I gotta work on making sure those scamming bastard Ledger folks don't make off with all my remaining riches of various other airdropped shitcoins and the like.
<BATSLAPPENING>

Oh gawd...  Roll Eyes Roll Eyes

I did a quick search and did not find ..

I only found this:  https://www.binance.us/spot-trade/doge_usdt

so I am not sure what you are talking about. 

I saw that DGB did more than a 10x..   https://www.binance.us/spot-trade/dgb_usdt

Fuck shitcoins... While we are at it... fuck ledger as well... get yourself some other device.. at least for your bitcoin.. and if you want to hold shitcoins on ledger, then whatever, do what you like...

Regarding the Binance shenanigans … and JsnowG:


That kind of looks like me.

justsaying.

There are probably dumber decisions that people can make in life...  so by definition, whatever I am doing could not be "the dumbest".. if you even know the meaning of the words that you choose to use, and I am thinking that it can be quite dumb to assume too much about the situation of another person.. of course, you are just trying to help, right? Especially since I likely suggested that you were not as smart as you are presenting yourself as being.
I am sorry if that was offensive. Maybe because of the language barrier? I am not trying to be a smartass. Just curious about it. I know you are an old-timer Bitcoiner. You must have good experience with using various services. Still, if you choose to use a platform that is in question; of course it's up to you. Once again, If you felt offensive by the word I have used; I apologize for that.

As I mentioned in another recent post, it is not always clear if I profit more from using exchanges rather than refraining from using exchanges (and shying away from them).  I mentioned earlier that it is my belief that I am able to be more aggressive in regards to the amount of bitcoin that I hold because of my participation in various exchanges and services - and that maybe I would hold less than half (or maybe less than 1/3) the amount of BTC that I currently hold, if I were ONLY relying on long term cold storage.. and then maybe I would also be afraid to do anything with my BTC if I were not ongoingly practicing with them.. moving them around in various ways through participating in aspects of the BTC economy (to the extent that any such thing can be said to exist).