Search found 465 matches

by bitcoininthevp
Sun Feb 13, 2022 10:49 am
Forum: Gold
Topic: Did Bitcoin Kill Gold’s Monetary Utility?
Replies: 86
Views: 21334

Re: Did Bitcoin Kill Gold’s Monetary Utility?

How about I opine on threads where Bitcoin is specifically brought up by someone else and it is germane to the thread?

Oh, wait...
by bitcoininthevp
Wed Feb 09, 2022 6:49 pm
Forum: Variable Portfolio Discussion
Topic: Bitcoin question (How did FBI recover some pipeline ransom)
Replies: 17
Views: 4064

Re: Bitcoin question (How did FBI recover some pipeline ransom)

To put it crudely, "vanilla PoW" (Bitcoin) is one step above putting a "Hi, my name is..." sticker on your storage (wallet). Swiss banks in the 80's had roughly the same amount of privacy, if not more. In a data economy saying "better than most modern financial transactions" is not much. Anything t...
by bitcoininthevp
Wed Feb 09, 2022 6:42 pm
Forum: Variable Portfolio Discussion
Topic: Bitcoin question (How did FBI recover some pipeline ransom)
Replies: 17
Views: 4064

Re: Bitcoin question (How did FBI recover some pipeline ransom)

I Shrugged wrote:
Wed Feb 09, 2022 3:46 pm
A lot of tracking going on with regards to the Bitcoin Bonnie & Crypto Clyde. Despite their use of the dark web etc.

https://finance.yahoo.com/news/4-u-accu ... 54705.html
Image
by bitcoininthevp
Wed Feb 09, 2022 2:50 pm
Forum: Gold
Topic: Did Bitcoin Kill Gold’s Monetary Utility?
Replies: 86
Views: 21334

Re: Did Bitcoin Kill Gold’s Monetary Utility?

If we can't ban discussion of crypto on these forums we can at least not let the discussion be dominated by proselytizers for it. Two good recent items. One is this thread on the environmental costs: https://twitter.com/smdiehl/status/1350869944888664064 The other one, shared with me by Cullen Roch...
by bitcoininthevp
Wed Feb 09, 2022 1:54 pm
Forum: Gold
Topic: Did Bitcoin Kill Gold’s Monetary Utility?
Replies: 86
Views: 21334

Re: Did Bitcoin Kill Gold’s Monetary Utility?

My opinion on the original question is a NO. Gold’s utility is still uniquely intact. Gold is acting like a risk off asset. I believe it is officially now treated as good as cash in the international banking system. It’s being stock piled by central banks possibly in preparation for a “great reset”...
by bitcoininthevp
Wed Feb 09, 2022 1:49 pm
Forum: Gold
Topic: Did Bitcoin Kill Gold’s Monetary Utility?
Replies: 86
Views: 21334

Re: Did Bitcoin Kill Gold’s Monetary Utility?

I should've been clearer when I commented about the possibility of banning bitcoin discussion or at least proselytizers for it. I don't mean to inhibit anyone's free speech but promoting bitcoin in the gold sub-forum or anyplace other than the variable portfolio or other topics seems inappropriate ...
by bitcoininthevp
Wed Feb 09, 2022 1:42 pm
Forum: Variable Portfolio Discussion
Topic: Bitcoin question (How did FBI recover some pipeline ransom)
Replies: 17
Views: 4064

Re: Bitcoin question (How did FBI recover some pipeline ransom)

I've here that coinbase keeps track of the BTC that traverse their platform and "do something" if they decide they dont like a transaction that you may be very loosely connected to, they may lock you out of coinbase or freeze you account. When I say loosely, I mean you exchanged a few sats for a so...
by bitcoininthevp
Wed Feb 09, 2022 1:39 pm
Forum: Variable Portfolio Discussion
Topic: Bitcoin question (How did FBI recover some pipeline ransom)
Replies: 17
Views: 4064

Re: Bitcoin question (How did FBI recover some pipeline ransom)

I make this point every time somebody extols the privacy benefits of Bitcoin. Literally all your transactions are recorded permanently, publicly, and for all time. That's the opposite of "privacy" in every way. Its really a spectrum of potential privacy. I could put my name and address in a bitcoin...
by bitcoininthevp
Fri Feb 04, 2022 12:08 pm
Forum: Gold
Topic: Did Bitcoin Kill Gold’s Monetary Utility?
Replies: 86
Views: 21334

Re: Did Bitcoin Kill Gold’s Monetary Utility?

Kevin K. wrote:
Fri Feb 04, 2022 11:23 am
If we can't ban discussion of crypto on these forums we can at least not let the discussion be dominated by proselytizers for it.
Shouldn't the concern for the forum be good faith, intellectually honest discussion?
by bitcoininthevp
Fri Feb 04, 2022 8:09 am
Forum: Gold
Topic: Did Bitcoin Kill Gold’s Monetary Utility?
Replies: 86
Views: 21334

Re: Did Bitcoin Kill Gold’s Monetary Utility?

Good grief. (Shouldn't feed trolls). This is not the place for your misinformation/spam. Better would be the VP section, better still - in another forum. IBM is confident that it can exponentially increase the qubit number in the next few years, and could see a processor with billions of qubits wit...
by bitcoininthevp
Thu Feb 03, 2022 8:13 am
Forum: Variable Portfolio Discussion
Topic: Bitcoin question (How did FBI recover some pipeline ransom)
Replies: 17
Views: 4064

Re: Bitcoin question (How did FBI recover some pipeline ransom)

I make this point every time somebody extols the privacy benefits of Bitcoin. Literally all your transactions are recorded permanently, publicly, and for all time. That's the opposite of "privacy" in every way. Its really a spectrum of potential privacy. I could put my name and address in a bitcoin...
by bitcoininthevp
Thu Feb 03, 2022 8:03 am
Forum: Variable Portfolio Discussion
Topic: Crypto Crash!
Replies: 12
Views: 2350

Re: Crypto Crash!

I think its just a matter of inflation expectations into the future being lower, Fed tightening, deflation concerns, liquidity draining. Once traditional things crash during this tightening cycle and the Fed turns the corner back to easing policies will probably be the bottom and time for a big BTC ...
by bitcoininthevp
Thu Feb 03, 2022 7:50 am
Forum: Gold
Topic: Did Bitcoin Kill Gold’s Monetary Utility?
Replies: 86
Views: 21334

Re: Did Bitcoin Kill Gold’s Monetary Utility?

If a private key isn't created/stored on a isolated (non internet connected) clean and verified as clean system that's locked away in a vault - then it isn't secure. Wrong. Multisig allows less securing of keys, even on mobile devices/Internet computers, while securing the bitcoins in an address. A...
by bitcoininthevp
Thu Feb 03, 2022 7:47 am
Forum: Gold
Topic: Did Bitcoin Kill Gold’s Monetary Utility?
Replies: 86
Views: 21334

Re: Did Bitcoin Kill Gold’s Monetary Utility?

You can't retrospectively harden a old copy of the ledger (blockchain) that at the time was using older security algorithms/methods that most likely would have subsequently become trivial to de-crypt/hack. Wrong. Bitcoin protocol could disallow traditional spending of coins and require zero knowled...
by bitcoininthevp
Thu Feb 03, 2022 7:39 am
Forum: Gold
Topic: Did Bitcoin Kill Gold’s Monetary Utility?
Replies: 86
Views: 21334

Re: Did Bitcoin Kill Gold’s Monetary Utility?

seajay wrote:
Wed Feb 02, 2022 2:55 pm
I'll just say yes and also ... viewtopic.php?p=236090#p236090 (PP gold forum section is not the place for Btc Ads).
Ill await facts to back your statements.

Otherwise it appears you are spewing misinformation again.
by bitcoininthevp
Thu Feb 03, 2022 7:35 am
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 228
Views: 111127

Re: BTC in the PP

Assuming Moore's law, Nah, Moores law's creator notes 2025 the law will end. https://en.wikipedia.org/wiki/Moore%27s_law#Forecasts_and_roadmaps But lets suspend disbelief of reality and assume you can compute infinitely, Btc has perhaps another 10 years at most before copies of its earlier 'secure'...
by bitcoininthevp
Thu Feb 03, 2022 7:22 am
Forum: Permanent Portfolio Discussion
Topic: A worthwhile read for all PP'ers
Replies: 88
Views: 30857

Re: A worthwhile read for all PP'ers

I've heard of many concerning things in the last few weeks as I am doing my research into crypto in general. Like this huge decentralized thing like ether was basically rolled back by the group that controls it. Tether is a potential fraud. BTC is traded mostly in tether, BTC is concentrated in 100...
by bitcoininthevp
Wed Feb 02, 2022 10:53 am
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 228
Views: 111127

Re: BTC in the PP

Here is my opinion since while not a pp user it is a part of my gold budget that flys fighter cover for my portfolio. The problem is we don’t know what bitcoin will respond to …. While it is not tied to a particular country’s currency it kind of marches to its own drum ..it is not held by major cen...
by bitcoininthevp
Wed Feb 02, 2022 10:51 am
Forum: Gold
Topic: Did Bitcoin Kill Gold’s Monetary Utility?
Replies: 86
Views: 21334

Re: Did Bitcoin Kill Gold’s Monetary Utility?

The blockchain records everything, for all time. Nodes provide duplicate copies of that ledger to verify consistency, discrepancies flag up warnings but where the most common/numerously consistent copies are considered as the valid copy. Make a copy of today's ledger and in 10, whatever years time ...
by bitcoininthevp
Wed Feb 02, 2022 10:49 am
Forum: Gold
Topic: Did Bitcoin Kill Gold’s Monetary Utility?
Replies: 86
Views: 21334

Re: Did Bitcoin Kill Gold’s Monetary Utility?

The two are different but it is to early to know how different..Bitcoin has not been through a really good recession yet nor high inflation .. Both have really lost their safe haven status quite a lot since today investors have so many options for betting on markets tumbling If dollar rallies and t...
by bitcoininthevp
Wed Feb 02, 2022 10:49 am
Forum: Gold
Topic: Did Bitcoin Kill Gold’s Monetary Utility?
Replies: 86
Views: 21334

Re: Did Bitcoin Kill Gold’s Monetary Utility?

mathjak107 wrote:
Tue Dec 28, 2021 1:13 pm
Yes, only in my ira.

Wash sale rules would hit in a taxable account
As far as I know there is no wash trading rules for crypto
by bitcoininthevp
Wed Feb 02, 2022 10:39 am
Forum: Gold
Topic: Did Bitcoin Kill Gold’s Monetary Utility?
Replies: 86
Views: 21334

Re: Did Bitcoin Kill Gold’s Monetary Utility?

Indications are that rather than having to have 51% of the total mining computational power that 15% or lower levels might suffice, and with that reducing over time. Well within state sponsored attack potential or to some botnets. Are you saying a 51% attack can happen with 15%? And / or some cripp...
by bitcoininthevp
Wed Feb 02, 2022 10:34 am
Forum: Permanent Portfolio Discussion
Topic: A worthwhile read for all PP'ers
Replies: 88
Views: 30857

Re: A worthwhile read for all PP'ers

mkdir Crypto ... mv Crypto/* /dev/null https://www.thestreet.com/.image/t_share/MTY3NTQxMjM0NjQxODA2NzI3/image-placeholder-title.png PP : Money you can't afford to lose Btc : Money you can afford to lose You see this BTC chart ends in 2017 right? Honestly this kind of 2014-era beanie baby thing is ...
by bitcoininthevp
Wed Dec 08, 2021 9:44 am
Forum: Variable Portfolio Discussion
Topic: PP vs Yield Farming Stablecoin Cryptos?
Replies: 11
Views: 2522

Re: PP vs Yield Farming Stablecoin Cryptos?

Maybe you haven't checked it a while or it was just an anomaly, but I just checked and the OTM calls that you sell do not come close to being able to pay for the ATM puts. Markets fluctuate of course. Not all trades are available or as profitable at all times. BTC had a big pullback so calls are le...
by bitcoininthevp
Tue Dec 07, 2021 1:26 pm
Forum: Variable Portfolio Discussion
Topic: PP vs Yield Farming Stablecoin Cryptos?
Replies: 11
Views: 2522

Re: PP vs Yield Farming Stablecoin Cryptos?

1. Buy BTC, collar it. Which options exchange are you looking at for such a good deal? Deribit has the most volume and was probably what I was looking at. Delta Exchange can have cheaper BTC options if you are on the buy side. 2. BTC Cash and carry. If you take into account of the spread, then I ju...