Search found 465 matches

by bitcoininthevp
Thu Feb 03, 2022 7:50 am
Forum: Gold
Topic: Did Bitcoin Kill Gold’s Monetary Utility?
Replies: 86
Views: 21345

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: 21345

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: 21345

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: 230
Views: 111233

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: 30864

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: 230
Views: 111233

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: 21345

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: 21345

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: 21345

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: 21345

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: 30864

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: 2523

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: 2523

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...
by bitcoininthevp
Thu Dec 02, 2021 8:39 am
Forum: Variable Portfolio Discussion
Topic: Anyone investing in farmland?
Replies: 6
Views: 2386

Re: Anyone investing in farmland?

Do a short course at a technical/Ag college so you know the basics before you purchase. You will learn soil types, best position / orientation etc Are there online courses that you would recommend? I assume much of land selection is regional so would you recommend in person class in the area that y...
by bitcoininthevp
Thu Dec 02, 2021 8:37 am
Forum: Variable Portfolio Discussion
Topic: What Crypto Exchange Do Are You Using?
Replies: 5
Views: 1345

Re: What Crypto Exchange Do Are You Using?

Whats wrong with Coinbase other than your employer blocks it? Just buy BTCs at your house, etc.
by bitcoininthevp
Thu Dec 02, 2021 8:28 am
Forum: Variable Portfolio Discussion
Topic: PP vs Yield Farming Stablecoin Cryptos?
Replies: 11
Views: 2523

Re: PP vs Yield Farming Stablecoin Cryptos?

Check out these ideas. It is a similar concept but much lower risk (returns are also less in some cases) as you dont have the risk of brand new protocols blowing up (which routinely happen), and counterparty risk is much better as well and can be limited to the CME. 1. Buy BTC, collar it. Buy spot B...
by bitcoininthevp
Tue Nov 30, 2021 2:05 pm
Forum: Permanent Portfolio Discussion
Topic: A worthwhile read for all PP'ers
Replies: 88
Views: 30864

Re: A worthwhile read for all PP'ers

I said "CBDC and regulations" together on purpose. It's less a matter of technical implementation and more about the broad adoption of a system that provides utility. All of the things you mentioned are technical positives in theory, but that people will still "keep BTCs around" when the dominant m...
by bitcoininthevp
Tue Nov 30, 2021 9:30 am
Forum: Permanent Portfolio Discussion
Topic: A worthwhile read for all PP'ers
Replies: 88
Views: 30864

Re: A worthwhile read for all PP'ers

By 2015 big companies were willing to accept Bitcoin, yet technical decisions prolonged its adoption and allowed countries/governments to play catch up in their own initiatives with CBDCs and regulations. Im not sure how CBDCs compete for market share. See: ... I believe that most countries, includ...
by bitcoininthevp
Fri Nov 26, 2021 12:59 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 230
Views: 111233

Re: BTC in the PP

I dont really understand what this means. As in peer to peer BTC transactions could be outlawed. All CEX pairings to be made with a CBDC, all legal DEX's will have to route their trades through a CBDC with CBDCs being the most liquid pairings for liquidity pools. All compliant wallets would route t...
by bitcoininthevp
Fri Nov 26, 2021 12:33 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 230
Views: 111233

Re: BTC in the PP

vincent_c wrote:
Fri Nov 26, 2021 12:31 pm
I think it could be as easily as saying that all approved BTC transactions have to be paired with a CBDC or through a CBDC so then it effectively removes some of those features of BTC that are problematic while keeping its monetary policy.
I dont really understand what this means.
by bitcoininthevp
Fri Nov 26, 2021 12:20 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 230
Views: 111233

Re: BTC in the PP

A official, regulated, audited state approved/sourced alternative will sooner or later be provided and regulations applied to prohibit the use of unregulated, unaudited alternatives on the basis of being used for illicit activities. Whilst Btc may not totally vanish without broader trust/acceptance...
by bitcoininthevp
Fri Nov 26, 2021 11:40 am
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 230
Views: 111233

Re: BTC in the PP

it could be that bitcoin and CBDCs cannot co-exist and that it is inevitable for bitcoin to cross the thresholds where it will be shut down. It would be interesting to explore what you think about this. I think the US government can do things that slow Bitcoin adoption or affect the price. But I do...
by bitcoininthevp
Fri Nov 26, 2021 11:37 am
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 230
Views: 111233

Re: BTC in the PP

> Wouldn't BTC, as an anti version of ALL of that above be a clear afront/enemy/problem/way-to-circumvent/etc to CBDCs? Ja, which is why companies, now dependent on gov to carry them through lockdowns, won't be allowed to accept BTC. Forget accepting it, US corps probably wont even be legally allow...
by bitcoininthevp
Fri Nov 26, 2021 11:29 am
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 230
Views: 111233

Re: BTC in the PP

Bitcoin will crash and burn. It's just a matter of when. It's nothing like gold. Gold/Bitcoin have some differences and similarities: Durability : bitcoin and gold both strong here. Portability : bitcoin is digital thus much more portable than gold. Divisibility : A single bitcoin can be subdivided...
by bitcoininthevp
Thu Nov 25, 2021 7:31 am
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 230
Views: 111233

Re: BTC in the PP

I think that is already a certainty, but I don’t see it as a response or acknowledgement of btc as a dollar threat if that’s where you were going. Ok so if CBDCs are coming and CBDCs are for: Monetary supply manipulation, complete surveillance, complete censorship, Government controlling your tax r...