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A slight OT in this camelidae thread. I'd like to talk about this thing - bitcoin, heard of it yet? - which they tell me is getting yuuge.
Recent price movement smells like fuckery to me. There could be two factors: taxes and expiring derivatives (options, options on futures, futures). Likely both.
As far as derivatives go, we may be able to time the spring-uppity reaction with some accuracy. So my question is: when do these important derivatives expire? Options should be today (Thursday usually). Does anybody know the exact time of expiry?
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What you think about an Alpaca, they look really cute   Yeah, it's really cute. But for some reason I want to choke it! Poor thing, noooo! Alpacas are much tamer. Llamas can be quite nasty. Choke a llama instead. Protip: wear a mask. Or a helmet. |
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Actually, I was thinking about who Musk might be in the WO, and surely proudhon would be a decent candidate.
The general tone is in the right place, but does account age check out? Several years ago proudhon had the highest or second highest post count on the forum. In a time where Musk was likely working on building a rocket ship and electric car business so I doubt it is him. That's more or less what I meant. The ideal candidate would be about 1 year old or possibly less. I can't bring myself to believe that chatting with Saylor would induce someone like EM to make an account here just for the trulz. Our resident Llama has no musky scent IMO. Thinking again, I heard some people here get to the point of selling their venerable accounts, and our electric man is said to have enough dough to buy the whole forum population a couple times over, so there is that too. |
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I must say that I agree with those who feel something is not right about these regular dips. -snip-So now the bears are in the pathetic position to try to break 53K just to be stopped at 52K  It is like the amateurs football team playing with professionals counting only the times they kicked the ball Man, you're a legendary now. You can't have my last merit anymore - no matter how much sense you make.  +1 WOsMerit |
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The next few 15minutes-es are critical!  Hmmm. Now it's time to see how good 15m charts work... hoping for not that good.  Not that bad in this case, either. Unfortunately. |
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Actually, I was thinking about who Musk might be in the WO, and surely proudhon would be a decent candidate.
The general tone is in the right place, but does account age check out? |
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I bought more calls so naturally its get to the choppa time. what a joke
How about you buy some, hodl it some, and call it a month? |
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I've listened to a lot of Robert Kiyosaki's podcasts where the subject of Bitcoin comes up.
So then he goes around still saying "No one every seems to give me a satisfactory answer to the question: 'Why can't I just create my own Bitcoin?' "
Because your name isn't Japanese enough. |
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I'll go out on a limb here and proclaim that possible payment options for Xbox is not going to have a significant effect on my quality of life...but that's just me.... Right, but answers pushing towards M$-Xbox adoption could eventually have some marginal effect on these here getlemens' quality of life indeed. |
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Not sure why number going down.
I think in this case, it's going down because it didn't go up. Lots of "pricing in" of a stimulation bump that never materialized. It might also be just weekend fuckery. Bring it down while liquidity on exchanges is low, before you buy moar. The buy pressure is all there - it's just not visible on exchanges because most of it is not from retail. |
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Merited also for using old.reddit  |
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Breaking 60k this weekend would be a semi-major event, given the temporary cooling off climate. I say: we wait until next week, padawans.
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-multisnips-That is a good and recent link, even though the picture contains a 2019 date, the article is from yesterday (March 19). Many of us have love hate relations with Coinbase and part of those love hate feelings seem to relate to some of the underlying shenanigans that were the basis of the CFTC investigation that resulted in the $6.5 million settlement. Surely some of Coinbase's egregiousness was felt by members here. If they have their way with the IPO, the company will be valued around 100 billion dollars. 6.5 mil is just peanuts, "cost of doing business". At the hypothetical valuation of 100 billion, it's ~0.0065% of the projected market cap. That's 6.5 dollars each 10k. Pretty cheap, I'd say. There will be no justice until fines for companies are measured as a fraction of total value or yearly income. |
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Unfortunately, some people who know I have bitcoin seem not to care for my opsec and will happily discuss the fact that I hold btc with anyone they feel like.
Anyone else in the same boat?
You mean the boat that capsized, throwing all your coins at the bottom of the deep sea? |
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 My goodness, apparently wo bros are very enamored with bunny storyboards. I'd better work on making my childhood fart stories into one... I will gladly merit your fart-in-a-jar storyboard. |
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You know, I just realized I could buy a thousand dollar bill on Ebay. Son came by and looked over my shoulder: "Hey Dad, what'cha looking at buying" "Thousand dollar bill""How much does it cost?" "About $3,000"."I think you're getting shafted" says my son... Yeah, he's a little bitcoiner too....  Ah, the pains of fungibility. If each dollar carried the buying value it had when it was "minted", it could be a legitimate trade. |
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I've had a really fun dream last night. I am not joking, here it is: I was in my very big yacht with some friends having a champaigne party. I was kissing some girl, when I remembered I haven't checked the price for a very long time - a year may be. I started connecting the laptop with some antenas and got online. Then I saw the news that Bitcoin recently had hit $1 000 000. I got very excited remembering that I had over 5 Bitcoins kept for that occasion. But... I completely forgot my key phrase. I knew that I had another complicated method to get access to my coins from the files on the laptop, but in the excitement I couldn't remember that either. Then I noticed a green ligt in my eyes which started running as a small dot over the deck. I realized that this is a laser aim of an armed USA drone. I looked up at the sky and I saw a missile heading towards my boat. I managed to run and jump in the water and after that the boat exploded. The water was on fire which started to spread above my head. I was swimming underwater keeping my breath until I escaped the fire. Then I began to doubt that this was not real but a dream. Of course in RL I have neither millions nor a yach nor a GF. But guess what was the only thing that seemed unrealistic in this whole story? That's right - I haven't checked the price for a year!!! That's impossible! Everything else is completely legit, it can happen! That's how I know that these boating accidents are true!!!  Sorry, really hope you don't mind, but your dream was quite inspirational: -snip- I'm sure it's possible to figure out some relaxation technique to help the rich bitcoiner remember the key phrase - or at least part of it. She's just got to try a little harder, before the Feds come and spoil the party. That would give the dream a happier ending. |
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Butbut... China ban bitcoin....!?  |
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Bitcoin dead? For the 50000 time The whales are milking the stimmy noobs a bit It feels like a bit too early to wipe out the leveraged longs, but maybe whales like to keep ahead of things today. |
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you: What year is it?
mad scientist that woke you up: oh, it's about a few thousand years since you died, does the year matter? gimme my 1 bitcoin, it's worth $100 billion today. Enough for me to buy a week's worth of bread. After you, I have a bunch of dead bitcoiners to wake up too, you're the 200th one, don't worry.
You: What a bleak future. No more than 21 million weeks' worth of bread on the planet! How many humans left? That's actually a bright future, if you are assuming all currency or goods can only be bought with bitcoins. That means bitcoin took over all monetary systems already. Yes, a wild financial assumption. It is unimportant to know how much it turns out to be when expressed in dollars. What matters is the total economic output of humanity as it relates to 21 million coins. Let's assume you can also buy things with dollars, or gold, or salt, or water. Let's assume the weeks' worth on bread on the planet are 21 billion instead - or 210. Do these assumptions change the picture much? |
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