Bitcoin Forum
July 01, 2024, 05:28:53 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 [514] 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 ... 1525 »
10261  Bitcoin / Legal / Re: Craig Steven Wright is a liar and a fraud - Tulip Trust addresses signed message on: June 23, 2020, 09:28:16 PM
You are just unnecessarily striving to convolute matters when you are trying to suggest that level of conspiracy or purported cooperation.

when you actually read the conversations of both sides in court. you do not read it as ira trying to 'out' craig by showing proof craig is a scammer.
the questions asked are hinting that the trust/craig does have value/ hoards and that its just bickering over who deserves what %
emphasis.. nothing to do with proving craig is not satoshi/unvalued

Perhaps you have been watching too much TV.

Courts do not tend to be theatre locations, and frequently, the court will have the parties meet on a narrow topic, or even discuss settlement options, so they are not necessarily going to go over the whole theory and/or punchlines of their positions.  They have not even gotten to trial yet.


do not think that this case is the final/only case that will occur. and definetly dont think it will be the one that 'outs' craig as a scammer.

Sure.  Craig continues to dig all kinds of holes for himself maybe believing that attention or possible resolution in one direction or another can help him in another matter, or just to pump his crap scam coin and play off of the gullibilities of dumb fuck BSV bagholders.

if you are thinking this is the final chapter in craigs saga. then i must spoil it for you.

I don't give that many shits either way... so you do not have to worry about spoiling anything for me with your prognosticating.. that has already been shown to be a bit lame in terms of either facts backing it up or reasonable logic to try to tie together materiality and relevance.

ira and craigs goal is not to prove if tulip is truly real with real signature proof of collateral.

To the extent that they might have mutual goals they can enter stipulations of facts or even stipulations of legal conclusion or even stipulations that are merely for the purpose of "this proceeding" blah blah blah. 

I doubt that you understand their mutual goals, to the extent that they have any since you are already striving to establish that they are largely on the same team.. which hardly makes any sense, unless you are just selectively choosing certain evidence (that might not even be relevant) and ignoring other evidence.



instead its frenemy bickering to try to make it appear that there is no way to disprove tulip/craig value.

I doubt it.  Sometimes lawyers do get along well for the purpose of getting through various proceedings, whether dispositions or evidentiary trials or discussing motions in front of a judge.. does not mean that they are frenemies... what a load of crap... just making shit up, right franky1?


but hey.. i know we all want it to be the final nail in craig coffin.. but the bad news is. this is not the case for that.

Largely an irrelevant point about what people might prefer in terms of disliking that twat.

heck its not even a criminal case. so kind of no harm no fowl for craig.

Of course, not being a criminal case has some relevance and would allow more leeway in terms of how egregious the perjury and/or the submitting of knowingly false documents would need to be before criminal charges might be brought.  There may be a bit of a goal of the civil court judge(s) to get through the proceedings before raising criminal charges, in the event that criminal charges might be warranted.

craigs true nail in the coffin will come from another case at another time. this case is just drama incepted by his ilk

Sure.  that's possible.  Still does not mean that you are not full of shit with your lack of evidence/logic assertion that the parties are on the same team.
10262  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 23, 2020, 07:44:54 PM
How black are you anyway? Just curious.

Coffee, no cream or sugar, black. Bitter AF you cuntcasket.

Bob.. you should already appreciate that it is no win situation that you are entering... but, hey, if you want to screw up your own peace and solitude, that's all on you.

 Tongue Tongue
10263  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 23, 2020, 07:41:29 PM
'may' and '$8,800' are quite a stretch  Roll Eyes

in bitcoin anything can happen, being too confident and getting cocky will get you rekt, im always a "may" and never a "will" with bitcoins price

That's why you "may" "will" have abandoned your "cocky" get-rich-quick (on leverage) BTC price prediction thread, when you realized that using leverage in your trading might work for a while, but is likely going to cause you to become "rekt" sooner rather than if you had not used leverage - especially when you are too anxious and unreasonable in trying to 20x or 200x or was it 2000x your money, betting on one direction and not engaging in reasonable risk management (another way of suggesting that betting in both directions might be better).  

What level might not be "too confident" and "too cocky"?  Does reasonableness exist when playing with leverage and putting most or all of your eggs the basket of in one direction?  A variation of a Martingale strategy, right?

I agree that the increased confidence of successful leveraged trade will likely get you rekt, if you keep on increasing your risk. Though it also depends how you are taking your profit (if you are taking it at all). If you're not taking profit and keep re-investing it each time, you'll get rekt. But if you're taking your profit, especially if you're taking your profit in BTC, then even when your initial investment gets rekt you'll still be on top with your BTC.

Then again, I didn't follow all of the referenced thread. I assume it's re-investing profit, which is dumb if so.

Yes.. his case seemed to have been reinvesting profits.

Well that would explain a lot  Cheesy The first tip after you have a lucky streak is to take profit until you have taken out your initial investment at minimum. Then if you want to increase your risk and become a degenerate gambler with stupid amount of leverage, you are merely doing so with the profit instead of your initial investment. That said, you're best off merely maintaining your risk (not increasing it) and playing with your new found "house money" (only profit) in order to continue making profit from your profit, so that if you get completely rekt then you still made profit at the end of the day. Then you can even try and learn your lesson and re-invest your profit with increased risk management, but not at the expense of your own capital. Hope that makes some rough sense.

Surely stacking away profits, like you said, could be one of the possible ways to strive to ensure ongoing profits..... yet understandably, even with stacking away profits there could be some difficulties that come for a trader whose stash keeps getting depleted by wrong calls or an unlucky trading streak..   In those losing streak cases, does the trader merely add to his trading stash, and wouldn't that be cheating? or would a trader just keep making his/her bets smaller until s/he makes up for the losses, the losing streak and the seemingly ever depleting trading stash?

I wouldn't recommend adding to your stash if you're on a losing streak, I'd recommend reducing your position size as well as your risk. Ideally you'd keep a record of your successful trades (be it 40%, 50%, 60% or whatever) and therefore attempt to caluclate trades based on this risk reward that can still make you money (2:1, 3:1, 4:1 or whatever). If you're losing money then adding to it isn't cheating, it's just poor risk management. If you run out of money, then you should probably not be trading at all! Instead, you'd reduce your position size to such a small amount you are effectively just practicing in the hope of trying to become a successful trader again.

I know I also got over-confident after the September 2019 breakdown that generated juicy profits for me, despite taking the profit in sats. This led me also to increase my risk, but the main different was I had already taken out my initial investment. At the point of losing a few too many trades, I quickly realised I needed to reduce position sizes and lower my risk, as it was eating away at profit. This is ultimately how you stay "afloat". But that said, I also learnt this back in late 2017 and early 2018 by taking out initial investments, that actually helped me to understand the important of booking profit (not just taking it). The main trick is to be patient I think, anyone rushing to make their money back is doing it wrong.

In a weird way, I found it a lot easier to be conservative with risk management when you are playing with the house, rather than your own capital. Not sure why. The other point is trading is a form of gambling. Just like in gambling, you calculate probabilities and take risks appropriately, doesn't matter what the game is. Anyone who thinks trading isn't a form of gambling isn't thinking straight. This doesn't mean you can't be a successful gambler, but that risking your money in order to try and make more of it is the definition of this.


Ideally, would you not want your trading to provide you with a salary that is somewhat similar to your regular job, so that you can quit your regular job and sustain your self (and whatever standard of living you had grown accustom)?

So, let's say for example, you worked 10 or more years, and you had increased your salary to $100k, but since you had been accustomed to savings and investment with extra money, you figured out that you could live pretty decently on $75k per year, but if if you live more meagerly, you would still be comfortable with $50k per year. 

Maybe, also you had learned trading with some of your money during your years of work, and in the 10 years, you had reached a savings and investment capital of $300k that you consider to be a kind of working capital that could start out providing you $50k per year, but you wanted to target $75k as being more comfortable, and $100k would be balling.

Maybe if you pulled the fuck you lever to your regular job, then you might not have enough capital to really sustain your trading and to generate at minimum 17% per year of profits from trading.   Unrealistic? 

You probably have heard of the 4% formula that is used for having an expectation of 4% passive income, so if you are trading, you should be able to make more than 4% per year, otherwise, you are not beating passive income expectations, right?  I might be asking too many questions, and surely there would be a difference between feeling comfortable to quit your day job and considering both how much capital that you have and what minimal level of return do you need to receive from trading in order to be able to sustain yourself, and whether you are being realistic with yourself.

Whether you have a day job or not, if you take up trading as a hobby, and you practice trading for 5 to 10 years, then if you are trying to be realistic in attempting to measure your historical performance, you should get a pretty decent idea regarding what level of return are you getting from your trading activities, and whether you are beating the returns that you might be able to get from mere passive investing.

I already kind of know the answer to some of this, which is that there are not a lot of traders who either have been able to track their overall performance and/or have decent ideas about the extent to which their trading activities might be able to beat more passive returns.
10264  Economy / Trading Discussion / Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit on: June 23, 2020, 06:33:52 PM
I hope you guys realize that 100 contracts is a tiny amount and that when the stoploss hit i only lost 1% of my account

Ok... if you are still going, then many of us would appreciate an update.  You seemed to have had a losing streak, but you did not update where you are at in recent times, and surely it can be a lot of work to trade and to update a thread like this, and surely long breaks will likely raise skepticism if you do not seem to be showing a decent amount of your work along the way...

Of course, opinions are going to differ regarding how much work needs to be shown before people completely lose faith in your representations... and you have already shown a considerable amount of inclination to make really bold statements, which personally I find much harder to give benefits of the doubt in those kinds of situations.
10265  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 23, 2020, 06:18:06 PM
'may' and '$8,800' are quite a stretch  Roll Eyes

in bitcoin anything can happen, being too confident and getting cocky will get you rekt, im always a "may" and never a "will" with bitcoins price

That's why you "may" "will" have abandoned your "cocky" get-rich-quick (on leverage) BTC price prediction thread, when you realized that using leverage in your short term trading might work for a while, but is likely going to cause you to become "rekt" sooner rather than if you had not used leverage - especially when you are too anxious and unreasonable in trying to 20x, 200x or was it 2000x your money, betting short term on one direction and then the other and not engaging in reasonable risk management (another way of suggesting that betting in both directions might be better..).  

What level might not be "too confident" and "too cocky"?  

Does reasonableness exist when playing with leverage and putting most or all of your eggs the basket of in one direction in short term bets?  Seems like a variation of a Martingale strategy, right?  which works, until it does not.   which works, until it completely wipes out the bettor  Wink

Yeah your exactly right, I was quite shit at risk management back then, I have learned better now thats why I say that.

edit: I meant the discipline part of risk management, I knew what to do, just didnt do it properly back then, but I do now

Well, I am glad that you acknowledge that there is a learning experience going on with trading, yet I have my doubts that you can presume that you have fixed all of your errors and learned ironclad risk management, portfolio management or can assure that you have figured out a way to 2000x your investment without first going through a long process of showing a great track record.. which is hard as fuck to do.. not saying that it is impossible, and there are probably some decent techniques. 

Surely, I am not going to fault you for sharing techniques or even creating an ambitious thread to show your work (or your streak of luck), but I will fault you if you try to presume that you know more than other members until you have gone through the process for a while to show that you know things.. because lots of us know things, and sure some members do have better trading or TA skills than others, but the good ones tend to be very humble with their calls and seem to hedge in both directions or sometimes just pull out at certain times, and I am not even sure if that is enough to show some kind of consisting winning system.. because even the good ones admit that they lose a decent number of trades.

Anyhow, members who come off as too bold in their assertions in showing that they "know" the market direction just come off as if they are trying to sell us something, even if it is merely just elevating themselves to a kind of sorcery status, and most of us who have been around a long time realize that there are not short term BTC price prediction sorcerers, even if there might appear to be kinds of longer term sorcerers (as long as they are calling up.. but even we should appreciate that long term up is not guaranteed either).
10266  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 23, 2020, 06:06:34 PM
'may' and '$8,800' are quite a stretch  Roll Eyes

in bitcoin anything can happen, being too confident and getting cocky will get you rekt, im always a "may" and never a "will" with bitcoins price

That's why you "may" "will" have abandoned your "cocky" get-rich-quick (on leverage) BTC price prediction thread, when you realized that using leverage in your trading might work for a while, but is likely going to cause you to become "rekt" sooner rather than if you had not used leverage - especially when you are too anxious and unreasonable in trying to 20x or 200x or was it 2000x your money, betting on one direction and not engaging in reasonable risk management (another way of suggesting that betting in both directions might be better).  

What level might not be "too confident" and "too cocky"?  Does reasonableness exist when playing with leverage and putting most or all of your eggs the basket of in one direction?  A variation of a Martingale strategy, right?

I agree that the increased confidence of successful leveraged trade will likely get you rekt, if you keep on increasing your risk. Though it also depends how you are taking your profit (if you are taking it at all). If you're not taking profit and keep re-investing it each time, you'll get rekt. But if you're taking your profit, especially if you're taking your profit in BTC, then even when your initial investment gets rekt you'll still be on top with your BTC.

Then again, I didn't follow all of the referenced thread. I assume it's re-investing profit, which is dumb if so.

Yes.. his case seemed to have been reinvesting profits.

Thanks for keeping me from ranting too much about what I likely do not sufficiently understand in terms of personal experiences... in which, I concede that there could be ways to practically stay profitable through ongoing trading and in the long term.

So, surely, I would not be opposed to all kinds of trading, even though so many folks who trade seem to devolve into some variation of unreasonable gambling which likely causes them to get rekkt more often than they are willing to admit...

In the end, I imagine that there could be ways for a trader to ensure (or assure) that s/he remains profitable, and of course, I am not opposed to banking on what seems to be inevitable volatility in bitcoin.  I am pretty sure that there are ways to do that, even long term.

Surely stacking away profits, like you said, could be one of the possible ways to strive to ensure ongoing profits..... yet understandably, even with stacking away profits there could be some difficulties that come for a trader whose stash keeps getting depleted by wrong calls or an unlucky trading streak..   In those losing streak cases, does the trader merely add to his trading stash, and wouldn't that be cheating? or would a trader just keep making his/her bets smaller until s/he makes up for the losses, the losing streak and the seemingly ever depleting trading stash?
10267  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 23, 2020, 05:25:05 PM
'may' and '$8,800' are quite a stretch  Roll Eyes

in bitcoin anything can happen, being too confident and getting cocky will get you rekt, im always a "may" and never a "will" with bitcoins price

That's why you "may" "will" have abandoned your "cocky" get-rich-quick (on leverage) BTC price prediction thread, when you realized that using leverage in your short term trading might work for a while, but is likely going to cause you to become "rekt" sooner rather than if you had not used leverage - especially when you are too anxious and unreasonable in trying to 20x, 200x or was it 2000x your money, betting short term on one direction and then the other and not engaging in reasonable risk management (another way of suggesting that betting in both directions might be better..).  

What level might not be "too confident" and "too cocky"?  

Does reasonableness exist when playing with leverage and putting most or all of your eggs the basket of in one direction in short term bets?  Seems like a variation of a Martingale strategy, right?  which works, until it does not.   which works, until it completely wipes out the bettor  Wink
10268  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 23, 2020, 04:40:05 PM
Speaking of lovey dovey...........

Quote
Bitcoin stock-to-flow price targets for Q3/Q4 2021 (or maybe Q1/Q2 2022?). Three available models. All by Plan B.

A) S2FX (cross asset): ~288K
B) S2F updated: ~100K
C) S2F original: ~55K

These prices are averages. Not tops. Last cycle the average was 7K. And we reached 20K.

https://twitter.com/bitharington/status/1275394161584361478

Three revisions...... number goes up more than previously expected...


That's plan a, b and c.

Still confusing in the form of presentation.... Gotta go back and read fillippone's thread.. maybe that will help lil selfie?
10269  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 23, 2020, 02:03:25 PM
#BTC = $3100^8.7*e^-60 = $20K🚀



https://twitter.com/100trillionusd/status/1275108641763471361?s=21

#hopium
#btcGURU

 Cheesy

Looks all lovey dovey, but I am not really sure how to read that attempted comparison of bitcoin price performance to the S&P500.  

Does it mean anything?  How would you describe what it is showing?

Does it show correlation between the two or not?  

Does it show orange coin go up relative to S&P500?

So ... how do y'all feel about the monthly futures closing coming up this Friday?

friday? whats that.

ooooh yeah a day of the week. guess being retired has perks.


as for that futures stuff, my feeble brain, which has no clue, can only watch what others say about it. lemme know if its good news please.

Exactly!!!!


Inquiring minds want to know some of the basics.  What's it all mean?  number go up?

Does any body want to know basics?  does any body need 'splainin about basic ting-a-lies?

#metoo

...... anything happening right now, I'm completely insensitive about... Being a HoDLer and not a trader, means you can relax and only take notice of the BIG things......

Oh, you no care about lil ting-a-lies?    Angry Angry Angry Angry

10270  Other / Meta / Re: 2020 Merit Source Application - TheBeardedBaby. on: June 23, 2020, 01:52:57 PM
Seems like my post 4000 will be kind of a bump.

Just hitting another milestone today,1000 sent merit (hoarding still 2) and some minor milestones too > 4000 posts @ 2002 earned merit, which makes 0.5 earned merit per post.

^ Do this fit to the "somehowwhat established member" requirement for a merit source?

FTFY:  Don't mean to be a stickler (yes, I do), but "somehow" and "somewhat" have different meanings in the referred-to context.

Hahahahahaha

Seems to me that the concept of "somewhat established member" is merely to weed out the new newbies.. but not to be so exclusive to assert that low rank would preclude consideration or inclusion, and seems pretty clear that you have likely well-surpassed those who might be outside of such "somewhat established member" status (almost in an over-qualifying sense..  hahahahaaha).

Perhaps, what could be holding theymos back from immediately taking up the mantle of immediately revising aspects of the merit sources is that his revision in November 2019 was pretty BIG, so maybe he senses a bit less urgency in making significant adjustments, even if there might be some members (such as you, bearded) that he would likely have no problema adding to the bank of "somewhat established members" who transition into merit source status.

Note: I am not trying to suggest that I have any insight beyond something approximating pure guestimation.. however unhelpful that might be? Wink
10271  Bitcoin / Bitcoin Discussion / Re: Did CSW just admit that he stole 80k [btc] from Mtgox? on: June 23, 2020, 01:07:00 PM
Who starts a letter in such an offensive way as 'dear sirs' in 2020? There's a solid chance that one of the people to whom the letter is addressed will actually be a woman.

I do find craig, calvin and his various scammers to be annoying and offensive, but I don't consider "dear sirs" as offensive, even if he knew some potential addressees were women or could be women.

That note aside, publicly claiming that your address is the one involved in Mtgox is only less ridiculous than a Satoshi getting hacked and having no backup to access the wallet.

Craig seems so desperate to establish himself as a possible early player in the bitcoin space, so sometimes an admission against interest could help to persuade people....  

I'm just surprised how Craig gets away with all the stuff he claims. I mean, his claims are so inconsistent that at least some of them must be lies, and presenting false evidence to the court must be a serious offense, right? I do hope he ends up in prison at least for a few years for all this.

Many of us wish him jailtime, that's for sure.  Surely, he is engaging in criminal behavior both in terms of the levels and quantity of his fraudulent representations that he is sending out to the public to pump his product, and he is also abusing the justice system.  To laypersons, it likely seems like a slam dunk that he should be in jail, but sometimes it can take time for justice to prevail (in the event that justice does actually prevail in this case.. because we likely know that justice does not always prevail, frustrating as that may be).
10272  Economy / Speculation / Re: Calling top at $16500 (Even Newer!: $2483 bottom 19 Feb 2021 MtGox said so!) on: June 23, 2020, 12:52:21 AM
So you say down.... so as every call you make... whatever circumstances....

Mmmmm

Perma bear being a perma bear. What's new? Tongue

As incredible as that may be, an admitted  shitcoin pumper and believer, too... unless some miracle has occurred, which I doubt, especially having had seen the latest graphical seemingly wishful-thinking pie in the sky price projection nonsense.
10273  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 22, 2020, 08:30:53 PM
I got hold of some blond Lebanese hash in the 70s and don’t remember two months of my life. I passed out in a park in Downtown Orlando, Florida and woke up in Montgomery, Alabama two days later.

Oh  That's what happened to you. 

10274  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 22, 2020, 06:22:35 PM

uncontrollable anger is not healthy.   Tongue Tongue

Do you want to turn out like this guy?



Or, she looks like an otherwise nice girl that some of us would not mind getting to know, but geez, why so expressive?

10275  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 22, 2020, 06:05:37 PM
https://twitter.com/CoinDesk/status/1275111596801417218

"SCOOP: Fintech giant @PayPal plans to offer direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter."

https://www.coindesk.com/paypal-venmo-to-roll-out-crypto-buying-and-selling

The purists are not going to like it (hell, I suppose i fit that bill to an extent), but this is where the majority of "Layer 2" is going to be.  This, Cash app, etc.  Eventually PayPal and Cash app will both be settling on chains like liquid while they provide centralized layer-2 solutions for their end users.  

They have finally realized that they can be to the banks what Netflix was to cable.

And they will be.

Soon.

We are about to enter a fairly accelerated mode here, IMHO.

How does paypal plan on getting around what their own terms of service says about the buying of cryptocurrency even on ebay is prohibited?
A caveat?! Grin

No wonder bitcoin is pumping hard seeing it reach over $9616 in the last hour. Must be the news. Wink

Seems to me that many of those services are trying to cause you to go through their app, but they do not allow peer to peer trading, unless it goes through their app....   There is a difference there.  Same with E-bay.. if you were buying and selling from ebay, they would probably feel o.k about going through their app, but if you are using the service to hook up and do a private transactions directly (off the record), they feel vulnerable in allowing or facilitating or being involved in those kinds of direct or peer to peer interactions...
10276  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 22, 2020, 05:06:33 PM



https://twitter.com/themooncarl/status/1275012947232747521?s=21

Where did I put that damn yacht catalogue?

Of course, it is in the bathroom, next to the shitter, duh.   Roll Eyes Roll Eyes

Possibly the next pump is on the way. Observing @ $9,458

Hopefully, we’ve been trading in this current range for what feels like a very long time. Is 5 figures too much to ask?

Smiley

Yes it is.

Don't ask.   Tongue Tongue

Brothers!
Observing @ $9,546

Is this shit going to 5 figure soon?

Why not ... as BTC, as we.... are ready for it or am I wrong?

Are you wrong?  Good question.

10277  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 22, 2020, 04:29:58 PM
Jay you know I mined LTC from the beginning because I had a man crush on coblee (Charlie Lee) and terrytibbs. I also wanted to mine something and be a true early adopter

Apart from my not knowing who or what is terrytibbs, I don't see anything wrong with getting distracted in the beginning by mining of such an altcoin for whatever reason or not even knowing, necessarily, the value proposition of bitcoin as compared with other coins.

I had not looked back that far into your history, even though superficially I had noticed that you had quite a few seemingly bitcoin denigrating posts and bitcoin naysaying and desires to play around with trading, and surely, I think that I kind of got to know you around the late 2015 stage in which you were talking about selling your bitcoin to engage in christmas spending.  I am not sure how relevant your earlier litecoin mining history would have been to that and/or I am not even clear if you are saying that you had already been done with your litecoin mining history by the time that I was interacting with you in late 2015?


but I think bitcoin followers are being diluted by all the shitcoins and so is this forum.

Seems a bit unnecessarily pessimistic and generalizing to me.  Sure there is money in shitcoins, but there are likely plenty of us who bash shitcoins whenever we can, and I had already said that this WO thread tends to be a pretty decent place to bash on shitcoins, and some folks here could give less than two shits about the rest of the forum.

I admit that I do tend to explore other parts of the forum, and I do tend to bash on shitcoins in other parts of the forum too.  Seems to me that any member cannot really get into trouble by bashing on shitcoins whether in this thread or other parts of the forum, and surely I don't tend to go to too many shitcoin threads, except a couple of the BSV / craig wright is a fraud threads, and it seems o.k. to bash on shitcoins in those BSV threads too, including bashing on both BSV and bashing on craig wright and scamsters like him or even drawing parrallels to other scammers, therein.  

Anyhow, you come off as a bit exaggerating and butt hurt in your persistent assertions suggesting that the forum is fucked because it accepts shitcoins and the discussion of shitcoin (presumably you do not like the signature campaign aspect, either, which is somewhat fair, but part of what the forum allows to both make money for itself and for members.. I am not exactly sure about the forums revenue intake that might be generated from allowing signature campaigns, and I am presuming that some money might come into the forum's coffers from that allowance of various signature campaigns, but really conjecture on my part).


This forum is nothing but Indonesians posting for money and shitcoins promoters looking to fuck a few more fiat coins out of dumbasses.

There may be some truth that people from lower income countries might find way more benefit to spend time on the forum and attempt to earn money through their forum participation, yet I have not found that dynamic, to the extent it exists, to really hamper my ability to feel that I am getting value out of the forum.  I don't make any money from my 6.5 years of forum participation (so far) - except I did have about two years that I did try out wearing some signatures between late 2015-ish and early 2018-ish.  I might have earned 4 or more bitcoins during that time.. but I lost more than that through foolish acts too that involve sim port swaps.. and I kind of consider whatever bitcoin I earned through signature campaigns as a kind of wash because most of those coins were in wallets that ended up getting emptied... so I just kind of gave up on signature campaigns and concluded that I did not really want to be involved anymore, including wondering every month (or whatever was the pay period) whether I would be paid or if they were changing the terms of payment and a lot of petty bullshit like that..


This thread (only one thread on the entire forum) is the last bastion of true bitcoin supporters on this forum. I’m not saying there is a better one out there, although Goats forum was pretty good for a while.

I would be surprised if there are not quite a few other bitcoin maximalist circles.  I mean I understand that people customize their twitter feeds, and I tend to hear a lot of bitcoin maximalism in a variety of podcasts, so again it seems to me that you are being overly jaded in regards to considering that so many people or even avenues of information are corrupted.

By the way, there are some podcasts that I listen to, and sure they are mostly bitcoin maximalists, but sometimes when they are entertaining some other coins or projects, I do get quite pissed off when I start to believe that either they are giving too much benefit of the doubt to some non-bitcoin related project, and I even start to feel that they are abusing my trust by going down that road... so surely, I agree that there needs to be a kind of proper state of mind when discussing shitcoins, and surely some people of decent integrity are involved in shitcoin projects, but if they are involved in a podcast, it seems to me that they need to be challenged, and if the host(s) are any way weak or receptive to getting pumped in some project, then the whole content of the discussion might devolve into some kind of shitcoin pumping fest or subtle propaganda.


Also Jay, I would love to exist for only bitcoin so if you could just convince my mortgage banker and grocery stores to start taking bitcoin I’ll be happy to do it.

Get the fuck out of here.  I am not saying that.  We can be pumped about bitcoin, but it would be dumbass to be 100% bitcoin, and i have already gotten into battles with other members about that approach, even though I understand that some folks genuinely do try to keep a vast majority of their value in bitcoin.. and it seems a bit much to me.

Anyhow, you seem to be avoiding part of your own issue which is likely that you are and you have been way the fuck too underinvested in bitcoin, and that is why you came out with some dumbass (and you better admit it) and lame proclamation that bitcoin needs to go to $1million-ish in order for you to feel that you can personally profit from it.  Admit it.. that is a lame-ass statement, and you made it.. not me.


Every miner converts bitcoin to fiat because they need to pay the electric company and all of their bills.

So what.  You are engaging in diversionary tactics. If you are earning money in bitcoin, whether mining or otherwise, you better fucking be selling some bitcoin on a regular basis because otherwise you are way too damned leveraged and imbalanced in that direction.

I am not exactly sure if the calculation for a miner (or someone earning value in bitcoin) would be much different from anyone else, yet the main thing would be that they are forced to sell on a regular basis.. but they still should be considering all the same things as people who earn money in fiat.. which is cashflow, investments in other assets, view of bitcoin as compared to other assets, risk tolerance, timeline, and time, skills and abilities to research, plan/trade and reallocate their assets and their strategies from time to time.



You believe I put too much value on fiat.

I don't know your details.   I am just going based on some of your words from time to time.  It's not like I don't like you, but you have come out with a quite a few outrageous statements through the years, even though your forum participation might have its irregular periods, too.

Sure, maybe I followed some of your actions a bit more than necessary, but I was not trying to stalk you, and even, for example, your creation of a merit give-away thread that seemed to focus on the dishing out of smerits to bitcoin maximalists.. that surely was a great thing to do and to announce that you were doing, from my perspective.  I cannot really fault you for behaviors like that.



Well yeah Jay I put a little bit of value on eating, electric lights and having someplace to take a shit every day that doesn’t involve wiping my ass with a leaf. LOL

Exactly... #metoo.

Each of us has some amount of responsibility to make sure that our daily, weekly & monthly expenses are taken care of.  I frequently have described some of my practices in figuring out that shit.  When I was right out of highschool and leaving my home and having to cover my own expenses, I had learned to project my expenses for a few months in advance so that I could live within my means, make sure that I always invested and had an emergency fund, ect etc.. and as I continued to do that I got better at it, which evolved into a series of excel spreadsheets and really for me 6 months in advance evolved into 18 months in advance and more, and I realized that the more things that I had going on in terms of my assets, expenses, use of debt, and even business relations (and various uncertainties in certain kinds of cashflow), the better that it would be to plan in advance... but sometimes, if you plan too far in advance you might spend more time than needed, from time to time, making changes to the time line that is way less immediate... so there surely remains some value in figuring out more of the details in the coming 3 months to 6 months, and just having some general ideas about the times that are further out.. but better have your shit together for 3-6 months, because if you do not plan some of those income versus expenses in advance, you could end up in a preventable emergency... and suffering from more psychological and financial trauma than would have been necessary in terms of making sure your shit is together and projected out for several months at minimum.
10278  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 22, 2020, 03:08:53 PM
Call me a fool  😜

You fool.

10279  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 22, 2020, 03:04:25 PM


under 2019 now...

Even though this graph looks nice.  It seems to me that your short time comparisons is not really telling us very much, and historically, i have been a bit hostile towards attempting to draw too many inferences based on seasonalities and even how one, two or three months of the year has historically performed, so essentially, we might come to a lot of wrong conclusions by attempting to look at such snapshots of data like that because bitcoin is neither seasonal or on a fiscal or calendar year schedule, even though those lines do look pretty (and distinguishable) on that chart.
10280  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 22, 2020, 02:54:17 PM
Mmmm so JJG you’re always awake?

as long as JJGs power source is on.

rarely, JJG goes down for scheduled upgrades. you can tell those periods when his (her?) programmers are forced to type a response on JJGs downtime; typically those are one or two lines, and sometimes they are not punctuated correctly.

JJGs uptime has been impressive though. hot swap stuff mostly i assume.

You know too much.   Angry Angry Angry Angry

Pages: « 1 ... 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 [514] 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 ... 1525 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!