I favor Chile. Good personal liberty, climate, education levels, and some nice natural resources (copper, lithium, &c). Very long flights however.
I've been living in Buenos Aires since October. Lovely summer here which is now slowly coming to an end. Chile and Uruguay were my 2nd and 3rd choices. The Southern Cone is highly livable and free compared to the rest of the continent. Article 19 of the Argentinian (I only use Argentine as the demonym) constitution : "The private actions of men that in no way offend public order or morality, nor injure a third party, are reserved only to God, and are exempt from the authority of the magistrates. No inhabitant of the Nation shall be compelled to do what the law does not order, or be deprived of what it does not forbid." Of course theory and practice have often differed, but it feels free here. I do like the survivability of the Southern Hemisphere. And fascist Australia is no option. Certain simulations show a nuclear war in the Northern Hemisphere would result in much lower levels of fallout down here thanks to the equatorial doldrums. The Southern Hemisphere is entirely nuclear weapon free by treaty except for remote territories of countries such as the UK (e.g. Ascension Island which hosts an NSA SIGINT base). |
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Yes!
I am still bearish. The recent news is just fuel to the fire that I have seen as possible for over a year now. It may make my C-wave chart come to fruition sooner than I recently thought, even a couple of weeks ago. If the market takes it as a severe enough situation, then 352.50 will be broken, the triangle wasn't actually a triangle and we be doomin'. ETH goes up more and extends the pump.
If the 352.50 level holds (preferably higher if it's going to) then we get triangle completion, a thrust wave as high as 700 +/- a bit, and completion of the bear market counter trend (suckers rally) for wave-B (or X) and we see continuation of the bear trend (not necessarily breaking 100$, but it is possible). I don't see ATH's this year.
Thanks for your thoughts. What is your long term view going out over the next several years? When do you expect the next ATH? I think it will be some time yet, not least because great expectations for the halving should bring great disappointment in this ruthless market. I think the blocksize issue is holding down price not because blocks are full (the 7 day average is only at 75.66% at the moment) but because of the uncertainties of governance and protocol development. Also the halving brings further uncertainty because of fears of decreased hash rate causing miners to drop out resulting in difficulty adjustment issues. In that way this halving does not exactly parallel the previous one, as at that time hash rate was very likely set to increase due to the switch to ASICs. We also should see ETH either succeed or fail very publicly. I bet on the latter. |
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Times have changed.  Sorry for the bump. |
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imo, anything below $400 is a buy and above 352.50 (C wave low). Right now, I have my sights set on 375ish as a bottom which may trigger some more stops. Bullish case, as long as 352 holds, is potentially above 600. A break below 352.50 is very bearish.
Your signature says still bearish. That reflects your medium term view? |
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15000 or 15001? w00t w00t.
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Goodbye ETH.  |
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An example of the latter negative effect: ~20 Manhattanites get killed by stray voltage each year when touching signal poles or street lamps, but this is definitely not news, just a consequence of stratified layers of decaying transmission circuitry dating back to the era of Edison and Tesla.
Source? I see dogs get electrocuted frequently and parts of Sixth Ave. were shut down once : http://gothamist.com/2014/02/19/sixth_avenue_electrified.php |
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I agree they just keep the change at 0%. I'm also thinking it will happen the first two weeks of July or late June.
26,713 blocks left, 2016 blocks per cycle, so 13.25 cycles left. The halving occurs 1/3 into a difficulty adjustment cycle. Last time it happened 1/6 of the way in.
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Jul 27 current ½ ing guess
Why 27? bitcoinclock has it at the 17th now. |
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Congrats to the winner! Exahash in no time... nuts.
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Hey Philip, when do you think the halving will be based on the current difficulty increases and hardware sales forecasts? Looks like we are about to pull it forward to July 16th.
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Fair enough but must you create so many empty threads to communicate these ideas?
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Sorry for asking again kwukduck, I had posted this in another thread but then I forgot about it, but why are you so against bitcoin given that you registered in 2010? Is it because you sold all your coins for $1? If so, you are welcome to come live on visit the island once it is ready.
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Market cap in blue, bitcoin price in red, starting on the same zero point at the left and diverging as inflation takes away from the price of each coin. Peak market cap is 2.06x current market cap compared to peak btc price which is 2.59x, a 26% difference. The slope of the trend lines are interesting as well. ref: blockchain.info peak 13900051500, 1151.0 current 6751214190, 448.2  |
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It managed $9700 on Campbx and I don't think it was rolled back either. All we need for untold riches is chronically thin order books and zero desire to sell, ever. It reached $1.3 million or so at the end of July 2011...it was one of Gox's many hackings/blunders. Mark blamed it on someone starting their DB before he was ready lol edit: found the old link https://bitcointalk.org/index.php?topic=33185and yes some of us had orders sell at that price, but it was rolled back Nice to see a post from an unknown old schooler here. |
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