1. #6161
    themike78
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    Quote Originally Posted by homie1975 View Post
    because he and his loved ones are either haters who did not get in on the ground floor or they lost their assses in it so they hate it.

    either way, just ignore it.
    One of bitcoins biggest losses ever today. It is heading to zero quicker than I expected.
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  2. #6162
    nyplayer33
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    They can definitely freeze it on exchanges like Coinbase, garnishment orders aswell. They can hold you indefinitely if you have some type of hardware wallet they can also go look at the Blockchain and get evidence of activity to see if you are using it when you claim you lost the key. Imo the government invented crypto to trick people to surrender even more freedom with money.

    They can't freeze a million dollars hidden in straight cash never.

  3. #6163
    nyplayer33
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    Bitcoin could plummet to $10,000 by 2023 as 3 macro factors of crypto prices suggest weakness ahead, Stifel says

  4. #6164
    ChuckyTheGoat
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    Quote Originally Posted by themike78 View Post
    One of bitcoins biggest losses ever today. It is heading to zero quicker than I expected.
    M78, honest question:

    *Are your initials = PS?

  5. #6165
    nyplayer33
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    Ottawa judge freezes bank accounts and digital wallets with bitcoin and other currencies believed to hold more than $1 million.
    [link to www.thestar.com (secure)]

  6. #6166
    nyplayer33
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    It's over

  7. #6167
    ChuckyTheGoat
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    Quote Originally Posted by nyplayer33 View Post
    It's over
    WHAT is over? The Fiat system?

  8. #6168
    raiders72001
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    Quote Originally Posted by nyplayer33 View Post
    They can definitely freeze it on exchanges like Coinbase, garnishment orders aswell. They can hold you indefinitely if you have some type of hardware wallet they can also go look at the Blockchain and get evidence of activity to see if you are using it when you claim you lost the key. Imo the government invented crypto to trick people to surrender even more freedom with money.

    They can't freeze a million dollars hidden in straight cash never.
    Money in banks can be frozen. Cryptos in anonymous wallets can't be frozen.

  9. #6169
    nyplayer33
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    Disagree....its already starting the oversight etc ...dont shoot the messenger because you get a high from beating the govt or making money. Put those resources to getting a better job..legally. it's ana,amazing how bitcoin might be 10k next year. Ponzu scheme

  10. #6170

  11. #6171
    nyplayer33
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    Poker sites in Ireland and elsewhere were shutdown and funds taken by usa,USA, 10 years ago. The USA govt has kind of eliminated most mafia interests and continues on that path. It's the reality and people investing in this who think it's safe should know the risks.

  12. #6172
    raiders72001
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    Quote Originally Posted by nyplayer33 View Post
    Disagree....its already starting the oversight etc ...dont shoot the messenger because you get a high from beating the govt or making money. Put those resources to getting a better job..legally. it's ana,amazing how bitcoin might be 10k next year. Ponzu scheme
    You can't freeze wallets such as Metamask. It's impossible without the password or seed phrase. A majority of cryptos are used legally.
    Last edited by raiders72001; 02-18-22 at 03:15 AM.

  13. #6173
    raiders72001
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    People using cryptos illegally get caught from their private keys being on their computer, in the cloud, or running cryptos through exchanges that KYC.

  14. #6174
    pablo222
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    Quote Originally Posted by themike78 View Post
    One of bitcoins biggest losses ever today. It is heading to zero quicker than I expected.
    Catastrophic drop to a price not seen in two weeks.

  15. #6175
    shadymcgrady
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    Quote Originally Posted by raiders72001 View Post
    Money in banks can be frozen. Cryptos in anonymous wallets can't be frozen.
    But they can be tracked and blacklisted

  16. #6176
    shadymcgrady
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    Quote Originally Posted by nyplayer33 View Post
    Disagree....its already starting the oversight etc ...dont shoot the messenger because you get a high from beating the govt or making money. Put those resources to getting a better job..legally. it's ana,amazing how bitcoin might be 10k next year. Ponzu scheme
    Just make sure you come back when it's crushing ath's instead of posting up like a coward when it's dipping. At least puffy nipples Mike is consistent regardless of the price
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  17. #6177
    nyplayer33
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    Ive said this for months
    Last edited by nyplayer33; 02-18-22 at 09:36 AM.

  18. #6178
    pablo222
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    Quote Originally Posted by nyplayer33 View Post
    8ve said this for months
    Dunning Kreuger

  19. #6179
    raiders72001
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    Quote Originally Posted by shadymcgrady View Post
    But they can be tracked and blacklisted
    DeFi wallets and mixers such as Tornado Cash are now being used.

  20. #6180
    ChuckyTheGoat
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    Quote Originally Posted by raiders72001 View Post
    DeFi wallets and mixers such as Tornado Cash are now being used.
    How wired in is Raiders? Guy knows all the ins-and-outs.


  21. #6181
    shadymcgrady
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    Quote Originally Posted by raiders72001 View Post
    DeFi wallets and mixers such as Tornado Cash are now being used.
    Yeah but you get flagged for using them as soon as your wallet sends anything to those. It's pretty much putting a target on yourself even if the crypto is clean at this point.

    You may also get stolen cryptos spit out of the mixer, who knows

  22. #6182
    themike78
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    Quote Originally Posted by ChuckyTheGoat View Post
    M78, honest question:

    *Are your initials = PS?
    No but bitcoin is crashing hard today. It should reach zero by Sunday morning.
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  23. #6183
    themike78
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    Quote Originally Posted by ChuckyTheGoat View Post
    WHAT is over? The Fiat system?
    Lol. Never. Bitcoin is something that doesn't even exist and has no use for anything. Just like every other fake crypto coin. Only a matter of time before the government bans it here.

  24. #6184
    shadymcgrady
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    Quote Originally Posted by themike78 View Post
    Lol. Never. Bitcoin is something that doesn't even exist and has no use for anything. Just like every other fake crypto coin. Only a matter of time before the government bans it here.
    This might be the dumbest thing I've heard since 2020 and factually incorrect in every facet. The us govt will never ban it, they are spending billions trying to regulate it. Banning would be as dumb as the comments you make especially when they've got to backtrack on it like every country so far has done

  25. #6185

  26. #6186
    louisvillekid
    slummin it
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    Were there more bitcoins being mined daily back in 2009 vs in recent years, or even currently as of today?

    Reason I ask, is because I never understood the story of how that young guy(at the time) who wasn't a miner of bitcoin, acquired so many bitcoins in that first year and was able to trade so many for a couple pizzas.

  27. #6187
    raiders72001
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    Quote Originally Posted by louisvillekid View Post
    Were there more bitcoins being mined daily back in 2009 vs in recent years, or even currently as of today?

    Reason I ask, is because I never understood the story of how that young guy(at the time) who wasn't a miner of bitcoin, acquired so many bitcoins in that first year and was able to trade so many for a couple pizzas.
    The block reward was 50 BTC in 2009. Now it's 6.25 BTC. The creator of bitcoin, Satoshi, mined approximately 1m.
    Last edited by raiders72001; 02-19-22 at 02:32 PM.

  28. #6188
    raiders72001
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    The mining reward is currently $250,000. The price now of $40k would need to double by 2024 so that the mining rewards would stay at $250k.

  29. #6189
    Yulia74
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    the best way to make huuuge gains is for the markets to get destroyed, total capitulation, 80% stocks under daily ma200(like in 2013, 14, 18, 20), bitcoin below weekly ma200 (now its ~20k), doesnt happen often when it does thats the best time to buy crypto. could happen later this yr, war?, rate hikes, chinas real estate bubble - Evergrandes 2 billion payment is due in march, no more stimulus checks, inflation
    https://www.ft.com/content/e0a447f9-...8-755b284d18d2

  30. #6190
    raiders72001
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    Quote Originally Posted by akkeosflomdis View Post
    As we have seen the bull market of 2021, history has shown there to be a following of a bear market in the next year (2022). What are your thoughts so far and how do you believe it will play out.I think the bear market is still just starting, btc should now be around 16-22k on average price until 2025.Your thoughts?
    Fortunately the next halving will be around March 2024 so they wait really isn't that far off.

  31. #6191
    themike78
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    Quote Originally Posted by shadymcgrady View Post
    This might be the dumbest thing I've heard since 2020 and factually incorrect in every facet. The us govt will never ban it, they are spending billions trying to regulate it. Banning would be as dumb as the comments you make especially when they've got to backtrack on it like every country so far has done
    It will be banned here within a year.

  32. #6192
    themike78
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    Bitcoin down huge again today. Very soon it will reach zero.
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  33. #6193
    nyplayer33
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    Wow bitcoin 37k

  34. #6194
    eidolon
    USA
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    Quote Originally Posted by akkeosflomdis View Post
    As we have seen the bull market of 2021, history has shown there to be a following of a bear market in the next year (2022). What are your thoughts so far and how do you believe it will play out.I think the bear market is still just starting, btc should now be around 16-22k on average price until 2025.Your thoughts?
    Bitcoin will drop down to between $15,000-$20,000. That is it's bottom. Might take a year. But it will go that low.

  35. #6195
    themike78
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    Quote Originally Posted by eidolon View Post
    Bitcoin will drop down to between $15,000-$20,000. That is it's bottom. Might take a year. But it will go that low.
    Wrong. It's bottom is zero and that will happen this weekend.

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