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I've been hodling and adding to my stash since 2012. Went through the Gox debacle, Silk Road, inputs.io, slaying of the bearwhale, BitLicense, ETF, and countless ups and downs. submitted by
In the beginning, I tried trading on Gox, but always got lost in the FUD, emotion what I began to realize was manipulation. And I realized that I had no skill in playing that game. Except one skill. I had faith based on a deep understanding of what bitcoin was.
I read the whitepaper. I understood the implications and bought in. (Thank you Orlin Grabbe, RIP) So I bought more.
I bought in through dwolla/Gox, bit-instant/ZipZap, localbitcoins, etc. And I kept buying. I mixed my coins (losing a chunk to Coinlender), traded gold for coins on Agora, and kept building my hodlings while putting them in cold encrypted storage. Never sell was my motto, and I watched what was about a $20K gamble/investment grow to much much more. Enough to retire.
I watched the price constantly. Wake up at night, check the price. Wake up in the morning, check the price. And I read all of the news, the blogs, reddit (both /btc and /bitcoin, and others). I invested my Roth in GBTC. My wife's as well. I told my mainstream friends about bitcoin. All who told me I was crazy. Maybe a little I admitted.
Satoshi said it would either be worth 0 or be very valuable. I chose to believe the latter.
But recently I got discouraged. The civil war was real. Both sides bloodied, with hidden agendas following hidden money. Sock puppets manipulating opinion, threats by miners to fork and jump ship. Doom and gloom. Price crashes, big bear predictions, doom is nigh!
And I almost gave up. Almost imported my cold coins to sell. Then I saw through the fog of war. Bitcoin is anti-fragile. ANTI-FRAGILE. Weak hands sell. Traders and whales sell/buy. Manipulators buy/sell. Maybe after the next halving, I'll sell. But not now. I'll continue to hodl. Maybe even buy some more.
Just thought I'd share.
Nothing special, just a copy of the current list (for the future) of what can be found at https://github.com/bitcoin/bips/blob/mastebip-0039/english.txt
I've read about the benefits of bitcoins on MSM so I decided to give it a try. One of the benefits was that governments had a hard time tracing people who bought something on a market like Silk Road. The goal I had was buying something anonymously on Evolution. submitted by
I had to buy some bitcoins, so I went to bitcoin.org and tried some of the sites. What I noticed fast; if I wanted to buy a significant amount I had to verify by giving a copy of my ID, phone number etc. I was surprised by this, since I thought bitcoin is mostly used because of the pseudo-anonimity. Isn't that one of the main reasons it became popular? And how do you feel about this? Because I think it looks more and more to a payment system where a lot of transactions can be traced back to a person. Are you satisfied when the only benefits left are 'ending amount of bitcoins(decentralized organised)', direct transfers and low fees? What other benefits am I missing?
About the privacy thing. If you want to make coins anonymous you can use a service like Bitcoin Fog. My guess is that services like this are necessary since I buyed bitcoin with my regular bank account so they're easy to trace.
Oh and I bought some .onion urls for 0.001 bitcoin, but I'm far far far from sure whether it was anonymous while I initially thought reason #1 to pay with bitcoins was because of it's privacy.
So I want to purchase something from Silk Road. I can get bitcoins by using bitinstant to get BitCoins into an Mt.Gox account and then transfer them to an easy wallet and then from easy wallet to BitCoinFog and then finally to my SR account. Now Mt.Gox blocks users who try to access their site through TOR. People have advised to access Mt.Gox through at a Library on their network. If i were to use ClockWorkMod Tether on an Android Device to tether to my computer would the carrier be able to see that I accessed Mt.Gox? To my understanding ClockworkMod Tether is undetectable by carriers. Would this be a safe way to access Mt.Gox? submitted by
Bitcoin fog is not hosted on the same server and can only be accessed through Tor. The clearnet gateway does not have any sensitive information, and hacking or seizing it will yield nothing except perhaps it's service termination. All the sensitive data is kept in the hidden service, which will be operational no matter what happens to the gateway. What is Bitcoin Fog? The bitcoin network might ... Anyone that is familiar with Bitcoin mixers/tumblers has almost definitely heard of Bitcoin Fog, been around longer than any mixer I know and is, or maybe from what I'm hearing was, one of the most trusted tumblers when erasing the taint to send to your wallets at Silkroad, Agora, etc. I have used it a couple times with no problem, but it's been awhile since I have needed a coin washing ... Bitcoin Fog is a centralised cryptocurrency tumbler for bitcoin. In December 2013 the site was used to launder a part of the 96,000 BTC from the robbery of Sheep Marketplace. In February 2015, a total of 7,170 bitcoin was stolen from the Chinese exchange Bter.com and traced back to cryptocurrency-tumblers like Bitcoin Fog. My bitcoin fog transaction completed like 17 hours ago. Guess we just gotta check again later and hope its there. Best of luck to you! level 2. plurvibez. 1 point · 5 years ago. yeah my BTC fog transaction completed about 11 hours ago. BTC has dropped about 100$ since then... when you send from BTC fog to SR, do you send to all 5 SR deposit addresses or just 1 of them? I sent to all 5, not ... Olyan bitcoin árat mondott a Silk Road alapítója, hogy leesel a paripádról 2020-04-27 2020-04-27 zsistvan 0 Hozzászólás árfolyam előrejelzés 🔮 , bitcoin árfolyam 📈 , Ross Ulbricht , Silk Road
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