Originally posted by raiders72001
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What a run the past couple of months!!
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Everything is going to go up. I'm liking ETH, SOL and SUI right now. BTC dominance continues to slide. Bouncing around is a bad idea since they should take turns on runs. The only way to lose is by chasing green.Comment -
Raid, what has specifically changed on ETH? Was struggling mightily, now rocketing up.Originally posted by raiders72001Where's the fuckin power box, Carol?Comment -
Institutional money. There are days that ETH ETF inflows were more than BTC. Also, Vitalik wants privacy features.Originally posted by ChuckyTheGoatComment -
Appreciate the knowledge, Raid. GL on your investments.Originally posted by raiders72001Where's the fuckin power box, Carol?Comment -
17 years ago today
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Good stuff, Opti. So much intrigue about that era.
I've read a ton on people speculating the true identity of SATOSHI. A few thoughts:
1) It's very likely that there was collaboration. IE, hard to imagine one guy had the ability to do the legwork all on his own. This was group-think and forming a technology.
2) Whether it's one guy or a group. SATOSHI looked into the future and saw that they didn't want to be around long-term (and they didn't want to leave a footprint). If Bitcoin were to gain a foothold, governments would become very unhappy parties.
3) The names are out there. I could see logic for at least five names.Where's the fuckin power box, Carol?Comment -
Note and question for Raiders. It's sometimes said that BTC hash-rate predicts BTC price:
...That hash-rate chart trends up. But there's a ton of oscillation.
...And hash-rate has been pretty flat over the L3 months. That ties to the BTC price oscillating but not moving up.
Do you put any credence on the correlation of hash-rate to price?Where's the fuckin power box, Carol?Comment -
I disagree that it was anyone else's ideas, or anyone else had significant input at all, before the white paper.Originally posted by ChuckyTheGoat
I think a group of interested people helped with implementation, and most of them are known. But they weren't there for the idea creation.
Agree that he knew the risks of undermining central control of money flows, and knew to stay anon from the start. He started the thought process out of the ashes of Egold and Ebullion, and could see exactly how the DOJ had misled and shafted Doug Jackson even as he tried to help them.
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You reference Egold above. I'm saying that Bitcoin looks a lot like an extension of Egold.
Nick Szabo is one of the names that's often listed as a potential SATOSHI. So many similarities to his earlier work. Even the initials NS, which are normally flipped to SN in Asian cultures.Where's the fuckin power box, Carol?Comment -
Opti, I think I mis-spoke (above). E-gold is different than Bitgold.
I read about e-gold, and I see your point on how the government resisted E-gold. Bitgold was Szabo's creation...and that does look a lot like a precursor to Bitcoin.Where's the fuckin power box, Carol?Comment -
Hey, Opti. I don't want to speak beyond my knowledge scope.
But this is a topic I see a lot on the precious metal videos. Gold holders have a tough time getting physical delivery from their vault. Implication is that there's a big disconnect between the paper and physical markets.
I'm in the camp that I believe that. If Silver and Gold were re-priced to their Fair Market Value, I think they'd be a lot higher.Where's the fuckin power box, Carol?Comment -
It would not shock me if he was a previous player like that, who knew they have to stay hidden and not profit from it directly so had to be super anon.Originally posted by ChuckyTheGoat
I don't know much about the gold and precious metal markets but intuitively have always thought gold was artificially priced high, based on it's relative abundance and no sign or running out. Simplistic view I know but I don't know enough to have a strong opinion really..Comment -
That email I posted does have a potential clue in it.
Notice how many words are - separated?
hash-based
proof-of-work
e-cash
peer-to-peer
double-spending
That's an unusual number and not all the sorts of words a regular spell checker would format that way.
Finding a spell checker of the day that did choose to dash separate those words might be a lead.
Or just looking for other papers with "over-use" of dash separators.
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This is an argument Preston Pysh argues for. Gold is RELATIVELY scarce, but there's no audit.Originally posted by Optional
New gold reserves are found. And it's price-elastic, in the sense that mining would increase if price doubled tomorrow.
Where's the fuckin power box, Carol?Comment -
You're on to something. I know the sleuths looked into language context in attempt to identify the author.Originally posted by Optional
Where's the fuckin power box, Carol?Comment -
This is big news. Trump pulls out the Fed Rsv Act from 1913. Fires a Fed governor.
This is amazing. US govt was supposed to be separate from Fed Rsv:
Where's the fuckin power box, Carol?Comment -
Some disappointed about the BTC bull-run. But I'd say that it's done OK if you zoom out.
A few things:
1) Reality is that people are re-treating to precious metals. Gold and Silver doing well.
2) Bitcoin can still do well rest of the year. > three months of Ascension. Feel confident that new ATH will hit b4 12/31/2025.Where's the fuckin power box, Carol?Comment -
New SCAM!
Received a very official looking letter from "Ledger" today - plain envelope, letter on good card stock. It advised me that I only have till the end of the month to turn on "transaction check" in my Ledger. It had a Bar code that I scanned. Everything on the letter looked legit.
So I scan the bar code and it gives me a link to go to a site that is very official looking. Once I had selected my device, it asked for my 24 word pass phrase.
Whoa, Whoa, Whoa.
These scams are getting slicker and slicker. I can't imagine how many people will fall for this. Sometimes it's a letter in the mail, sometimes it's a phone call from a "fraud inverstigator". They will know things about you that make them sound legit.
Just a reminder: Never give out your 12/24 word seed phrase......and......never give out a 2FA code. Never. Never, ever.
On Ledger's real website, it says this - "Beware of phishing attacks, Ledger will never ask for the 24 words of your recovery phrase. Never share them."
Ledger's database got hacked a while back and hit the black market, I think. Pretty sure they got names and addresses/emails of everyone who had bought Ledgers back in those days. People who have owned Ledgers for quite a while have seen these scams before but it is usually via email.Comment -
Years ago interest rate cuts didn't matter but now they are huge. Keep those coming!Comment -
In terms of crypto, surely it will drag investment away and into property.Originally posted by raiders72001.Comment -
From today's CryptoCompare newsletter:
RCMP Seizes $56M CAD in Crypto, Shuts Down TradeOgre in Historic Crackdown
Canadian police have shut down crypto exchange TradeOgre and seized more than $56 million CAD in digital assets, marking the country’s largest-ever cryptocurrency bust.
The Royal Canadian Mounted Police (RCMP) said the operation is also the first time Canadian authorities have dismantled a crypto trading platform.
The seizure followed a year-long investigation by the Money Laundering Investigative Team, launched after a 2024 Europol tip flagged TradeOgre for regulatory noncompliance.
According to the RCMP, the platform operated without registering as a money services business with Canada’s financial watchdog, FINTRAC, and failed to verify its users’ identities. That lack of oversight, investigators said, made it a hub for laundering money from criminal sources.
TradeOgre allowed anonymous account creation, which the RCMP says made it an easy on-ramp for organized crime to obscure the origins of illicit funds.
Authorities are still analyzing the transaction data and said criminal charges may follow.
TradeOgre was one of the better no-KYC exchanges. There should be a fundamental human right to privacy even in money transactions. No one I know takes a dump in a public rest room with the door open. However, the system seems to think it's OK to have a camera on you and to keep a record of it....Comment -
Thx, Arky. I hate Ledger. Too many red-flags.Originally posted by ArkyWhere's the fuckin power box, Carol?Comment -
Watch this video:
(8:00) Listen to Pysh talk about Saylor's use of Compound Interest.Where's the fuckin power box, Carol?Comment -
We’re in the final stretch of the bull market.
There may be a dump in late September or early October, but October should be a bullish month. it’s called “Uptober” for a reason!
The next bear market will likely be driven by a recession and capitulation/forced selling from companies holding Bitcoin in their treasuries.
As we approach October 20–22, if the month is green and we’ve seen strong rallies, I think it makes sense to take profits. If it closes red, even better! The bull market might have one more leg left.
PS: Those who don’t sell in 2025 will regret it in mid/late 2026.Comment -
Probably last 14-24 days before final.Comment -
BlackRock Buys $446.5M in Bitcoin, Expands Institutional Holdings
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Next 2 weeks, you may lose your mind!
MELT UP RALLY is here!!
I’m expecting Bitcoin to top around October 20–24.
November and December may not be so pleasant, since we could start to see signs of a recession.
2026 could bring a horrendous bear market (probably through the end of Q1 or in Q2)Comment -
We should get a parabolic run and then the bear market.Comment -
Expecting bitcoin rally around 15-18 October.
Then Bitcoin should top around 18-21 October.
Bitcoin malware Core30 will be released in 10 October, not good for bitcoin.
Guys, do you know any crypto platforms where we can short US stocks like IREN or MSTR? Would appreciate if you know any. Thanks! It's very easy to short cryptocurrencies but very complicated and tedious to short stocks in tradfi (tax, fees etc)Comment
