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10741  Bitcoin / Legal / Re: Craig Steven Wright is a liar and a fraud - Tulip Trust addresses signed message on: July 10, 2020, 09:09:00 AM
all that juan wants to keep circling back to is:
......... [blah blah blah]

 i see from now till october+ juan will just want to talk about coins coins coins
so ill leave him in that ignorant 'its about coin' bubble.

So, in essence, franky, the wanky, we are agreeing that our discussion is becoming repetitive.  We have both exhausted our various talking points, and stated our case several times and in several ways.... correct?  

Can we rest assured and let our already discussed information pieces stand until there might be new developments in the case?

What do you think, franky?  Do we have a current truce-point in our discussion   Tongue Tongue (until you say a new dumb and seemingly implausible thing, which probably will not keep us in silence for very long)?   Cheesy Cheesy Cheesy  
i agree you thought ira's real requests(recorded). caused your 'its about coins' (speculative) loop
i agree that you finally hint to realise your stuck in your infinity loop of 'its about coins"
i agree trying to inform you of errors causing your loop. is then itself causing another loop
i agree that you need to read the documents and not trolling someone because they live outside your loop

so yes a truce.
seeing as this case is going to be in october now.
.. lets see if in october you can have a fresh mind thats escaped the 'its about coins' loop
and finally recognise the request for bitcoin creation IP desire/claim/tactic thats completely obvious.
4 months should be long enough to fix your own loop error
one last hint(though said many times)
stick to the requests iras team actually made and dont call their actual words irrelevant. just to then go back to your speculative loop

have a good 4 months rest

Your representations of the truce are quite weird, franky1.  

Furthermore, I suggested that our truce is likely to be merely that we have been in a kind of static position in which we largely just repeat ideas rather than discussing anything new, perhaps until something else happens related to the case or maybe either of us might gain another perspective over one or more of the potentially relevant material issues related to the case.  

I doubt that we have to wait four months for new matters to come out of this subject - because in part, your boys CSW, Calvin et al are all about playing these matters in the public sphere, and if they could perhaps get any kind of pumpenings possibilities out of any of the developments, they would likely do it.   Accordingly, I doubt that they would even find it in their interest to go into total radio silence for 4 months, unless they are planning some kind of exit scam or something like that...

In other words, I doubt that we need to repeat ourselves, at this point, but maybe I might come back and attempt to figure out what the fuck you were talking about in your post, to the extent any of it might happen to mean something beyond already responded to gobbledy gook, so in that regard, you don't really seem to be saying anything substantially new in your attempt at a rendition of my position because my posts speak for themselves, rather than your spins of them.
10742  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 10, 2020, 07:23:53 AM
@Ibian all left loonies are silent, come back now.  Tongue

And bring your lil butt buddy roach with you.




hahahahahaha



NOT

I don't miss either of the racist socially ineptly malformed twats.
10743  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 09, 2020, 11:43:31 PM
So, if grumpy works for you, let it be so.

Bitcoin languishing in its current trading range for so long is also a little bit frustrating. Was hoping for more excitement post halvening, and it came and went with practically no fan-fare, as far as effect on pricing.

It would really be difficult to expect any kind of immediate effect from this most recent halvening.  In respect to hash power, we did get a bit of what seemed to have been a mining front-running that caused hashpower to go up prior to the halvening, and then a few adjustments on the hashing power downward that still ended up largely continuing to show upward movement in the hashing power over the past 6 months, even though there was a downward hashpower blip there right after the halvening.... so in that sense, bitcoin seems to be working as it was intended to work, and no real hashpower issues presented themselves through this most recent halvening... .so really, that kind of non-issue in regards to mining and mining incentives should be bullish as fuck.

Another thing is that a decent amount of time could pass before the reduction of the new bitcoin supply is really felt (going from 12.5 to 6.25), and even in 2016, it took several months for the upwards BTC price pressures to increasingly be felt - and even with that, we cannot know if this time had a bit more of the havening event already priced in or NOT so we cannot be sure if the up (presuming that it comes) is going to play out similarly as last time around (don't get me wrong, I am NOT much of a "priced-in" theory advocate, but I am just trying to say that we really don't know the pattern of how the price plays out this post halvening as compared with last time).

In other words, we are barely touching upon two months post halvening, and sure we might be largely flat in terms of the BTC price right around the time of the halvening as compared with now - even though there was a decent amount of both up and down BTC price movement within the week before the actual halvening.

Call me a party poop, but I am not even going to be upset if BTC price ends up still being in the sub $10k arena a couple of years from now.  I am just not trying to create expectations that are too great for myself (and something like BTC that is largely outside of my control), even though I still believe that there are pretty decent odds that some kind of upwards exponential BTC price growth is going to happen within the next two years, and probably even less than that, without really knowing for sure and not really even causing myself to get depressed if we were still somewhere between $5k and $9k two years from now, even though there are good odds of higher BTC prices than that... especially given all of the circumstances and the seeming fundamentals.. and I am going to say the same thing to someone just getting into bitcoin about halving a long timeline in terms of expectations.. and don't expect too much from bitcoin in the shorter time frames... because having too high of expectations remains a set-up for psychological disappointment....

Sure any BTC accumulator and HODLer and even newbie into bitcoin might be pleasantly surprised by upwards BTC price movements in the short term, but the surprise remains far from guaranteed... so also in accordance with that kind of mindset, I am quite grateful for already being into considerable profits with my BTC, which would also be true if bitcoin were within a $5k to $9k price range, now or in two years or even longer from now...

Yes.. maybe sounds too bearish.. but, even DCA'ing into bitcoin and marginal performance of the bitcoin asset into the near-term future seems to have great odds of out performing all other investments, even though such projected likely superior BTC price performance remains in the mix while at the same time, far from guaranteed (holding two conflicting ideas in my head at the same time...  go figure? hahahahaha).

Edit:  A couple hours after this above original post, I added a few more words to this post.. hopefully, to attempt to make the substantive aspect flow better, rather than changing any of the actual substance.. even though longer to read and I maybe might be not sorry about that. Wink
10744  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 09, 2020, 09:16:06 PM
In 2021, #Bitcoin  will be 12.5 years old and has risen from $0.0025 to over $9000.

In 2021, Fiat (eg. GBP, USD) will celebrate 50 years of replacing gold as the world's dominant money—only 4X longer than the age of BTC!—and has devalued 95% due to inflation.

Do the math.

https://twitter.com/obi/status/1281145849326829570?s=21

OK, but why he is talking about btc and $ (fiat) in 2021?

Inflation calculator shows that dollar is worth about 16% and not 5% from 1971.
https://www.usinflationcalculator.com/

Could it drop to 5% in one year-possible, but unlikely.
I get the thesis, though, but numbers are wrong (for now).

He is speaking from the future.

So, he can use whatever numbers that he wants, and if you do not happen to have a time machine, you cannot question those numbers....

Either get a grip, or get a time machine, Biodom.   Angry Angry Angry

10745  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 09, 2020, 08:45:08 PM
The volume on that red dildo was almost the same as the green one we had yesterday.
A single entity?

Personally, I find single entity theories to be quite lame (including willybot), especially given bitcoin's overall size, currently, but there is also a certain amount of understandability that more than 60% of BTC do not tend to move at all on a regular basis, so in that regard, BTC's price is being determined by a quite lower number of coins that are in a position to be traded (of course assuming that fractional reserve practices have not totally fucked any semblance of exchange volume credibility).
10746  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 09, 2020, 07:14:03 PM
For historical purposes only: #bitcoin  is at the same price level as 27 Nov 2017 .. it took 20 DAYS to go to $19K

https://twitter.com/100trillionusd/status/1281146795956088832?s=21

PlanB my brother


Seems that the earlier stages of an exponential period tend towards gradualness in the beginning until gaining some steam.. so sure, there might be some mini-blow off tops before reaching the GRAND FINALE blow-off-top, so I am thinking that a mini-bllow-off-top is likely to bring us above our ATH any time soon.. and I am thinking that there could be a couple of mini-blow-off-tops before going over the ATH.. and then we kind of start a new phase of UPpity at that point.

But what do I know?

It is not like bitcoin follows any kind of exact pattern, and even if any of us comes up with a kind of tentative idea about how it might play out, a few little glitches could throw a decently-sized monkey wrench into our previous way of thinking about the playing out of the upward momentum matter.
10747  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 09, 2020, 06:56:04 PM
I admit that I'm no armchair psychologist, but I am not sure whether you are in a good place, bob.

Shut the fuck up, you little wordy bitch.

Ok.  I will not try. 

I'm fine. Just grumpy as all heck lately, for, reasons.

Just recently, I had several things go against me at once, and kind of create a bit of a negative cascade.  Nonetheless, seems to me that there are quite a few people going through something like this in a lot of places in the world, and even worse in some locations, probably.

One thing that you and I have in common in terms of finances is a decent bitcoin hedge, so even though we have quite a bit going against us sometimes, it is likely worse for quite a few people who do not have a bitcoin hedge. 

Sure, some of people might have things that you and I do not have (and yeah youth is one of those things), and maybe some of that is somewhat out of our control, too, but I continue to conjecture that it remains much better to at least have some decent financial hedging - and of course, if we are having health issues because the passage of time is likely only causing those issues to get worse, to the extent that we cannot control or minimize the negative impact of all of the things, and we might be concerned that we cannot really enjoy the financial hedging.. and I only know so much about your own circumstances.  So, if grumpy works for you, let it be so.

**

**Even though I am enjoying my day, so far.   Wink Wink
10748  Economy / Speculation / Re: Buy every dip! on: July 09, 2020, 06:08:38 PM
Before another surge, I want to share that, in only 10 years Bitcoin has risen to $9,000 from a mere $0.01, while our savings in fiat money continue to devalue every year because of inflation.

Buy the dip, and HODL.
You made a really very strong argument. One can only imagine how the government is deceiving us, especially considering that in my country over the past 10 years the national currency has fallen in price against the dollar by almost 3 times, and the minimum wage has grown by five times, while many officials have become millionaires, owners of yachts and beautiful Villas on the Cote d'Azur. But it’s even hard to imagine what People theoretically lost as an investor, given the scale of Bitcoin growth over the 10 years.

To be fair, I doubt that it is representative to measure bitcoin from it's earliest adoption phases, in which it had almost no value, even though the point of sound money still holds true for bitcoin... and of course, in bitcoin we are still likely in the earliest of stages of an exponential s-curve adoption phase, yet the more mature bitcoin becomes, the more likely we will be able to compare it to other more mature assets, and sure many of us have seemingly sound conjectures that bitcoin is going to continue to serve as a gravitational magnate for value.. absent some kind of major downfall in the technology or the exploitation of an attack vector that is NOT adequately appreciated or understood at this time.

In other words, still seems that bitcoin continues to serve a great asymmetric bet that continues to provide a lot of upside potential and maybe even no need to really gamble or leverage in order to personally profit stupendously from bitcoin merely by either starting to accumulate or just continuing to accumulate BTC to an extent that is personally reasonable and feasible and maybe NOT investing so much or too much that you may have to sell BTC that is not at a time of your own choosing.

In other words, even though bitcoin seems to continue as a very great asymmetric bet to the upside, there could be periods in which bitcoin prices are manipulated down and continue to stay down for unreasonable periods of time in order to attempt to shake as many HODLers out of their bitcoin as is possible, and in those circumstances, each of us has to be careful that we are not shaken out of some or all of our bitcoin at a time that is NOT of our own choosing.
10749  Bitcoin / Bitcoin Discussion / Re: Bitcoin: The dream of Cypherpunks, libertarians and crypto-anarchists on: July 09, 2020, 05:18:19 PM
There could be a better thread for my question, yet I would like to raise a question that came into my head while I was reading OP, which I understood attempted to suggest both an ideological underpinning to bitcoin that was achieved through technological progressions and/or improvements to what ended up being bitcoin.

So, when you described b-money in OP, you suggested that it seemed to have a lot of bitcoin's attributes but it was both subject to sybil attacks, but also suffered from the problem of NOT being coded or implemented.  Bit Gold was also subject to sybil attacks, and I am suspecting that the network of proof of work was not decentralized enough in bitgold so it ended up having potential  hashpower manipulation vulnerabilities?

A question came in my thinking regarding what aspects of bitcoin exactly helped bitcoin to overcome the deficiencies of b money and Bit Gold? [...]

I am coming back on this question, and this time I'm going to explain it also using Satoshi's own words, as maybe my own explanation was not clear enough.
...........

Please let me know if my previous explanation plus these quotes explained properly the question.

I am not unsatisfied with your various answers and explanations, but I had been hoping for a kind of short explanation that presents the matter in a kind of layman way.. It could be that I am kind of looking for a chart to show features of various previous systems to show which features each of them have and to see that bitcoin has many of the same features, but maybe even more.  I wonder if such a chart might already exist?

Frequently i hear that with bitcoin, satoshi did not really invent anything new, but instead satoshi was able to combine a lot of different prior inventions and technologies in such a way that no one else had done previously.. so maybe there were not too many new things within bitcoin, but just the implementation and combination of what had largely already existed in one form or another, but there also is a bit of genius in terms of applying those technologies together.. and especially, for example, I had heard of the two week difficulty adjustment as being one of those very powerful mechanisms that might not really had existed in prior systems, so maybe difficulty adjustment every two weeks is not any kind of powerful invention, but it really makes bitcoin powerful in terms of how the difficulty adjustment is applied (and creates incentives).. within the context of other bitcoin features.  

So, maybe there is no real short explanation to what I had been attempting to ask that makes sense when delving into some of the technicalities for what bitcoin fixed at the time of bitcoin's launch and how it was fixed and whether we even knew that certain bitcoin technical features were a fix at the time of launch versus finding out later after bitcoin went live for a while, and then ONLY realize that the bitcoin plane had to be fixed further while it was flying because there were problems with the original set up that needed to be fixed....

If we are mostly trying to figure out what was put into place upon bitcoin's launch rather than how it might have changed after launch, maybe even a synopsis regarding both the deficiencies of certain earlier proposed money systems that bitcoin fixed.  Although, I don't believe that a chart would limit bitcoin development towards only at launch, because some features would have been added to bitcoin at a later date.. or maybe even removed from bitcoin at a later date.. but still could be shown in a chart.

Something like the below, but maybe not everything would need to be in the chart because once the features are shown, then the question of bitcoin fixing it may or may not need to be added to the chart because there are likely variations to the features too, both at the time of bitcoin's launch and down the road:

b-money -  had this, this and this feature and defects, and bitcoin fixed this this and this through these mechanisms

bitgold had this this and this feature and defects, and bitcoin fixed this, this and this through these mechanisms

hashcash had this, this and this feature and defects, and bitcoin fixed this this and this through these mechanisms

Bitcoin had this this and this feature, and maybe a chart would show if the features overlap and whether bitcoin has all of the features of the previous projects and even show if bitcoin chose not to implement some features that might have been present in some of the earlier projects.

Maybe my thinking is too narrow or I am merely a bad student, but summaries of features was kind of how I was thinking about the question when I originally asked it, so even though I got some further history and context for bitcoin's various features, and even though you did describe several of the changes/improvements, GazetaBitcoin, I am still not quite sure if I understand the answers to my question in a way that I could outline the answers in a summary form (to show that I actually learned the answers to my questions) about which projects bitcoin had built upon and fixed and how bitcoin fixed those earlier projects.
10750  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 09, 2020, 04:00:56 AM
Regarding btc vs unnamed alts. Not really the right place, but the topic was already discussed above.

I consider btc as a savings account and alts as a checking/spending account.
I only invest single digits (in total) into alts, but sometimes they run up impressively.
Then they drop just as precipitously, so I try to take profits aggressively, mostly into fiat, with some going back into savings/btc.

BTW, this is the first cycle when multiple alts started going up exponentially before btc significantly appreciated (if you ignore the last summer "premature" bump).

You might be correct that we are bordering on a potentially slippery slope when attempting to assert whether the tail is actually wagging the dog and if so if this is the first time that such tail had happened to appear to wag the dog.

First, I believe it is way too early to even proclaim that there is some actual meaningful and lasting price breakout, whether we are talking about the tail or the dog or both... Sure, there seems to be a decent amount of short-term action, and a lot of fanfare, but will such short-term action lead to something that is sustained and meaningful?

Second, there have been plenty of times in which the tail had appeared to have been wagging the dog, previously, but then after taking a closer look, we found out that we had been looking at the situation from the wrong angle and what we thought that we had been seeing was not actually happening as we had previously mistakenly thought.



For now, I will hold my tongue, and sure of course, there could be some budding breakout that is taking place, until there is not.   Wink Wink    Cheesy Cheesy Cheesy Cheesy

I really really really really really really really need this to be the front end of the big rally for this cycle.

Don't beg.  It's not a good look.  King daddy might decide to punish you.   Shocked   Tongue



I admit that I'm no armchair psychologist, but I am not sure whether you are in a good place, bob.
10751  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 08, 2020, 10:41:29 PM
Observing increasing short liquidations. Number threatening to go up some more.

I think I can live with that. Grin

Please no!!!!  need to wait until next Thursday for me to be able to buy some more... haven't had enough time to buy at these prices.
10752  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 08, 2020, 10:33:23 PM


Tether is not exactly an altcoin.. but it does seem to be a liquidity vehicle and also a temporary means to either hold dollar value or to move dollar value without actually getting actual dollars.

  

Tether is (in most part, at this point) ETH based.

Is there a write up why they moved from the omni layer and how they accomplished that?
Also why the fuck would they do that in the first place?

I don't know really.  They also did a portion on liquid, which I would think is MUCH MUCH MUCH better than the crypto-kitties garbagatorium.  They have also released USDT an EOS, and TRON (LOLROFLMAO).  I guess not to put all ones scammy eggs in one basket?

https://cryptobriefing.com/bye-bitcoin-tether-booms-on-ethereum-withers-on-omni/

https://www.thestreet.com/investing/cryptocurrency/crypto-conversation-tethers-swap-is-swarmed-by-questions

From my understanding there are multiple forms in which tether is issued, and wikipedea may not be the best source (or even the most up-to-date in accordance with the possible EOS and TRON that cAPSLOCK mentioned, but it describes the tether issuance situation like this:

>>>>>Currently, there are a total of four distinct Tether tokens: United States dollar tether on Bitcoin's Omni layer, euro tether on Bitcoin's Omni layer, United States dollar tether as an ERC-20 token, and euro tether as an ERC-20 token.<<<<<

https://en.wikipedia.org/wiki/Tether_(cryptocurrency)

...Of course, there is no problem making various allocations in your portfolio...

(Keep it together, Bob. It's not Thursday yet.)

Thanks for exercising ur lil selfie-constraints in order to contribute towards making "my day" even MOAR 'specially better when it finally does comes.   Kiss Kiss #nohomo   Wink
10753  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 08, 2020, 07:16:39 PM
Tether is not exactly an altcoin.. but it does seem to be a liquidity vehicle and also a temporary means to either hold dollar value or to move dollar value without actually getting actual dollars.

Tether is (in most part, at this point) ETH based.

In any event, Tether does not seem to be a shitcoin in the sense that anyone would seem to want to pump it or dump it because it seems to largely remain pegged to the dollar within a percent or two, unless there is some kind of strange thing going on with it.

Surely, sometimes we have legitimately talked about tether in this thread, and surely some members have considered tether to either be a BIG ass scam or something that might end up being used to pump or dumb bitcoin or some other coin, so in that regard, there has been some historical discussion of that coin in its possible relationship with bitcoin, and I am familiar with more and more of tether being used in the ethereum (aka shitcoin) sphere.. so in that regard, there have been various argument being raised in terms of tether's relationship to shitcoin ethereum or if that change in tether's usage has any meaningful or significant effect on bitcoin whether platform or integrity risk, changes in liquidity or other risks, such as regulatory risk.

So, sure, even if tether has been more increasingly used in ethereum, it has not really gone away as a liquidity avenue in bitcoin whether we are talking about binance or bitfinex or other exchanges that had historically used tether but seem to have moved away from using tether / BTC pairs at this point.

Depending on the future Tether could turn out to be the biggest shitcoin ever based on my own definition.  (And I am not an anti-tether conspiracy theorist)

Tether may be the most centralized "crypto asset" that has ever been made.  I suppose the vomitous ripple gives it a run for it's ephemeral money.  But it might even have that beat.

It is "backed" by accounts on some island bank. ---  Boom.  Are there any more things that we need to say?

Yes, it price is *usually* pegged to the $, but that does not mean it's not traded like a shitcoin.  It is a blurry xerox of the ULTIMATE shitcoin.  It is a synthetic, dubiously backed USD which is what Bitcoin trades AGAINST.  That is why it's illusion of stability even exists.

Anyway... I think all that is worth saying... so I said it.

Variations of those kinds of skepticisms of tether are not exactly new, and even though tether started being used in early 2015-ish, a lot of the conspiracy theories had gotten pretty strong around and following Bitfinex's purported hackening in 2016.. and surely there has been a sufficient amount of drama regarding it, too.... and whether any of those potential downfalls of tether end up playing out, there could be some meaningful negative impacts on bitcoin, as you suggest - just like there are other possible scenarios in which either bitcoin's liquidity is tested or bitcoin might end up having to go underground, which currently seems to not be very likely but remains a possibility. 

Some scenarios are more plausible than others, and surely last year, Armageddon scenarios were probably less than a 1% chance, but perhaps one could argue that since early 2020 and some of this year's playing out of virus, markets and the revealing of supply chain vulnerabilities and erratic desperations that politicians can sometimes employ or threaten to employ causes Armageddon scenarios to become way higher on the probability than they had less than 6 months earlier.

So, even if we are adding up a bunch of scenarios that do not seem likely on their own, we have seen unlikely scenarios playing out in recent times too, and becoming more and more probable, at least within speculating regarding things that might happen, which may well inspire both a need to think about these matters and also some need to at least consider which preparatory measures might be prudent and reasonable.
10754  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 08, 2020, 07:00:31 PM
We could do with a bit of follow through on that last green dildo. Seems to have been a solitary candle. Hope we get a little more support and this isn't just a fakeout.
Don't get me wrong, I am hodling either way but hoping we can get this party started sooner rather than later. (I'm getting on a bit) ☺️

Me too!   I'm in my early 60's, probably got no time to wait 10-20, or even 5 years

Definitely, I hear you, btcbeliever, and there surely can be justification for transitioning into more of a liquidation phase, and in that regard, either bitcoin is not a very good investment for people who do not have a decently long time or the folks with the relatively shorter timelines need to consider taking a bit of a smaller position in bitcoin, due to its ongoing risk... that may be a bit much if the investor has a time line of less than 5 years and continues a bit disinclined to gamble with large portions of his/her investment portfolio holdings.

Of course, if a bitcoin investor is entering into his/her 60s, and s/he has already accumulated a fairly decent investment portfolio that has come close to already meeting his/her investment accumulation goals of $1million or $2million or some other personally set amount, then  it may not matter so much to the investor if s/he already has put (or has accumulated) a value of 5% to 10% into bitcoin which might be $50k to $200k or if the amount is even equal or greater than the other portion of the investment portfolio, such as having an additional $2million in bitcoin.. because even if bitcoin goes to zero, this particular hypothetical investor has already completely reached his/her investment goal in regard to his/her non-BTC portion of his/her investment portfolio..

There can be a considerable amount of variance in regards to figuring out if the BTC portion is causing unnecessary risk to the HODLer or if s/he should just let his/her investment portion ride - and of course there are incremental approaches to cashing out or reallocating which is one of my favorite ways of thinking about the matter - and Jimbo seems to have a similar approach to whatever portion of his portfolio happens to be in BTC too.. and some of that also could do with how long you have already held the BTC in terms of whether it is already profitable whether you cash out at our current $9,400 price or if you feel that you need higher prices, or even if you would be willing to cash out at $5k, if it seems that we cannot break out of the mid-4-digits.

We could do with a bit of follow through on that last green dildo. Seems to have been a solitary candle. Hope we get a little more support and this isn't just a fakeout.
Don't get me wrong, I am hodling either way but hoping we can get this party started sooner rather than later. (I'm getting on a bit) ☺️

Me too!   I'm in my early 60's, probably got no time to wait 10-20, or even 5 years

You’ll only have to wait 12-18 months for the next massive move.

I am pretty sure the move is imminent as you say LFC.
Retirement, here I come.

Surely, not guaranteed.. even though there are a lot of theories to support giving decent likelihood to such an exponential price rise in the next year or two at the latest... I personally would not gamble in that direction.. but that is my personal approach to these kinds of matters.

Call me a party poop... if you must.  Tongue Tongue
10755  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 08, 2020, 06:44:03 PM
Tether is not exactly an altcoin.. but it does seem to be a liquidity vehicle and also a temporary means to either hold dollar value or to move dollar value without actually getting actual dollars.

Tether is (in most part, at this point) ETH based.

In any event, Tether does not seem to be a shitcoin in the sense that anyone would seem to want to pump it or dump it because it seems to largely remain pegged to the dollar within a percent or two, unless there is some kind of strange thing going on with it.

Surely, sometimes we have legitimately talked about tether in this thread, and surely some members have considered tether to either be a BIG ass scam or something that might end up being used to pump or dumb bitcoin or some other coin, so in that regard, there has been some historical discussion of that coin in its possible relationship with bitcoin, and I am familiar with more and more of tether being used in the ethereum (aka shitcoin) sphere.. so in that regard, there have been various argument being raised in terms of tether's relationship to shitcoin ethereum or if that change in tether's usage has any meaningful or significant effect on bitcoin whether platform or integrity risk, changes in liquidity or other risks, such as regulatory risk.

So, sure, even if tether has been more increasingly used in ethereum, it has not really gone away as a liquidity avenue in bitcoin whether we are talking about binance or bitfinex or other exchanges that had historically used tether but seem to have moved away from using tether / BTC pairs at this point.
10756  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 08, 2020, 05:07:02 PM
So much text complaining about my "positive" talk about alts.

I just think alts have too big of a connection to/impact on BITCOIN price to ignore.

Has anyone said to ignore shitcoins?


If you consider my positions to be too close to positive then just mute me.

No. You are fine.. You seem to just be persisting with nonsense for the mere sake of it, at the moment.

I really think every alt (but one) to be ultimately trash.  

Yes, and this is where we have the potential to get into irrelevant discussion about which shitcoin happens to be less shitty.  That sounds like a great idea....


(And even the one might end up in that camp depending on developments.)

Maybe.. maybe not... but who cares in terms of this particular thread... sure, you might throw it in incidentally in one of your posts, and no one is going to notice or give any fucks that you mentioned it.

As i said... I think the development of alt prices/moves etc are a very interesting bellwether for BTC and too big to ignore.  

No one argued with you about that, either.. at least so far.

I will talk about them.  And I am not going to take the time to write giant negative disclaimers.

good for you.

There are probably dozens of people in here who think ETH is a good investment.  

And, they can all fuck themselves.. especially moreso if they post about it... .   Cheesy Cheesy Cheesy Cheesy Cheesy


I think ultimately that is a mistake.  But that has no bearing on the fact that BTC (the whale) has ETC (the barnacle) coming along for the ride.

Whatever.   Roll Eyes

If for no other reason that Tether we are currently joined at the hip for better or worse...

Tether is not exactly an altcoin.. but it does seem to be a liquidity vehicle and also a temporary means to either hold dollar value or to move dollar value without actually getting actual dollars.

In the end BTC is king daddy.  I am not gonna go to the trouble to make multiple disclaimers the rest of the time... that is due diligence that belongs to the reader.

Surely, word choice is a discretionary matter, but does not mean that some push back might not take place.  
10757  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 08, 2020, 04:11:39 PM
Here is another way to say something I have been trying to say...

When you look at goofy coins like DOGE and XRP and see that they have multiple steps up preceding this move by BTC, it makes me think that the chances of the below turning into a "Bart" are lower than usual.



That is surely a fair assessment.

If i start saying "Alts are the lungs of Bitcoin" I give you all permissions to light me on fire.

That is surely hyperjacked-wannabe eyeroller.



 Tongue Tongue
10758  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 08, 2020, 04:04:43 PM
"alt-season" really is not a bad thing for Bitcoin.  

I pretty much agree with everything you said in that above-linked post, cAPSLOCK, but why you need to throw in this above stupid-ass line that is making a positive value judgement upon shitcoins rather than either staying descriptive or bashing upon shitcoins which would be a seemingly more proper etiquette in regards to addressing what is likely to be a nearly inevitable shitcoin pumpening phenomenon - largely based on the reasons that you had already outlined in that post?  

There seem to be ways to make those same kinds of statements regarding shitcoins in a descriptive way rather than seeming to wanna suck the shitcoin dick way (if there is any such meaningful dick there.. you may need a magnifying glass for your dick suckening efforts.. or perhaps (not speaking from experience) just pucker your lips really tightly?).. #nohomo   Cheesy Cheesy Cheesy Cheesy Cheesy

I guess my basic thought there is Honey Badger does not care.  He can go into the house of bees and won't even notice if he's stung.

Sure.  Goes without saying that honey badger does not care, but do we really need any positive talk of shitcoins in this thread?

You know any kind of positive talk whatsoever devolves into shitcoin pumpening or comparing and contrast of which shit coin is less shitty...

ain't nobody got time for that....



even in this thread in which it seems that we have lots of time, anything positive about shitcoin devolves into unnecessary clutter and ambiguity..

Some people actually believe some alts have value. 

Of course.  But why talk about it here, even if it is possible?

A small percentage of those actually have a good argument. 

Again?  Relevance here? Does it really help to keep this thread from devolving into shit to be playing around with those kinds of possible nuances?

Most of the others are "blockchain: the tech behind bitcoin" DeFi type lemmings *cough* Laura Shin *cough*.

It's not like I don't know what you are saying. There are considerable likelihoods of getting inadvertently sucked into those kinds of topics with a lot of frequency when listening to various podcasts or attempting to absorb various media content, but that does not seem to be an argument that we should not at least attempt to have some kicking and screaming when members try to pull that seemingly unnecessary shit here.  We already have enough of that with trolls and newbies who are confused, so why should more senior members be perpetuating that same kind of ambiguity and muddiness in these here parts?

And SOME people will simply take advantage of an alt boom to harvest more BTC from fools.

Nothing wrong with that... just don't need to talk about it here.  It is not like it is a BIG FUCKING secret that there are ways to make money off of shit, but where the fuck do you think that is going to lead us, if we start to believe that every little time some guy pulls in profits here or there on some shitcoin starts to brag up that bullshit in this thread?  And so fucking what that he was able to buy more BTC with that trading?

If s/he feels like rejoicing about how much money that s/he made on x, y or z shitcoin (beyond just incidentally mentioning it), then why not rejoice in the ANN section.. there are plenty of those shitty threads rejoicing about various shitcoins m,n &o on a regular basis, and they may also be rejoicing about x,y &z too if you bring it up... and make some shitcoin buddies.. why should we give any shits here?  You may even be able to rub elbows with Roger, craig, calvin, peter, gavin and a few other notables that do not spend too much time in this here thread (thank god).

it is what it is.. I do not make much value judgments here. 

And, that is why you decided to make positive statements about shitcoins because you want to be lazy and you really want to talk about shitcoins here.. damned everyone else who are trying to keep that sheeeeeet out.. you are wanting to make an exception for ur special lil snowflake selfie.

I do not know the future, but have placed my bets according to my own thoughts and values.

Of course, there is no problem making various allocations in your portfolio that are not about bitcoin.  There are not too many nutjobs who go completely bitcoin, and again sometimes we even talk about our various ways about allocating, which might even involve some shitcoins (without either devolving into shitcoin pumpening or spending too much time on such likely-to-devolve topic of shitcoins).  Furthermore, it might be understandable that a younger investor might either take more risks and include shitcoins in his/her investments, but still seems to be quite problematic to get into some of those details in this particular thread.. same thing with talking about various PMs such as gold.. sure there can be some relevance, in this thread to talking about gold in small doses, but it just has a tendency to devolve, so better to just say fuck gold.. so that those topics do not go too far afield here..  and in the end, no one is likely to stop a high ranking member like you from bringing up shittopics, and you likely will get a lot of leeway too, but is there any real value in just unnecessarily stirring shit about any of these kinds of topics rather than just mentioning them in passing or taking them to another thread if you want to get all hot and bothered by a topic that is problematic in a thread like this?
10759  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 08, 2020, 03:22:18 PM
With volume so far, too.

If this is not a bull trap, I think it's fairly significant.



Likewise. The VPVR POC is now around $9,450 (on Bitstamp) where price is, as opposed to approximately $9,500 where it was only yesterday, so we are still at some notable resistance. Coinbase's VPVR is now around $9,300, that changed as of yesterday too it seems, being back above this level has suddenly become significant it seems.
I'd assume a 4hr close confirms breaking the resistance trend-line, more relevantly a Daily close above $9,376 would be back above the 50 Day MA too  Cool

what is VPVR?

POC?
10760  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 08, 2020, 03:14:28 PM
"alt-season" really is not a bad thing for Bitcoin.  

I pretty much agree with everything you said in that above-linked post, cAPSLOCK, but why you need to throw in this above stupid-ass line that is making a positive value judgement upon shitcoins rather than either staying descriptive or bashing upon shitcoins which would be a seemingly more proper etiquette in regards to addressing what is likely to be a nearly inevitable shitcoin pumpening phenomenon - largely based on the reasons that you had already outlined in that post?  

There seem to be ways to make those same kinds of statements regarding shitcoins in a descriptive way rather than seeming to wanna suck the shitcoin dick way (if there is any such meaningful dick there.. you may need a magnifying glass for your dick suckening efforts.. or perhaps (not speaking from experience) just pucker your lips really tightly?).. #nohomo   Cheesy Cheesy Cheesy Cheesy Cheesy
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