You are failing the I am an adult test.  Maybe you should check with grandma, again, to see if she could bring you some cookies and milk - because you do seem to be devolving into greater immaturity than usual.. perhaps your sugar levels are low?  or maybe if she just checks to make sure that you took your Ritalin?  That might help?  A little adult supervision is not a bad thing, but maybe you just need to go to "time-out" for a bit?  - seems like one of those CHINS (Child in need of supervision) situations.

I guess I was throwing in security in one fell swoop without really explaining.  I don't claim to be any kind of expert either, but just saying from my sort-of layman's perspective.

Surely, there can be a learning curve to BTC's security, and surely, if you have small amounts of gold, then you would likely be able to secure them easily and inexpensively.

Nonetheless, I do believe that if you attempt to maximize best security practices for both BTC and gold on system wide levels and also referring to large holdings and even ability to control the assets once you own them, including the venezuela's governments inability to get their gold from england and germany's inability to get their gold from the USA... and in the end you compare costs, ease of use, and end results, bitcoin is going to come out ahead...   

On the other hand, if we arrive at some kind of Armageddon scenario like Roach and some of the gold bugs want to imply as likely (which it is not), then perhaps in some kind of rare instances, like that (that imply widespread disappearance of the internet), gold might become more valuable in those kinds of scenarios... but do we stock up on gold for events that are hardly likely to occur?  I am not taking that path, but of course, some people plan their lives around Armageddon like scenarios, and there is a bit of a personal choice there.

The royal "we"?  You are offering some kind of insight about relevance?  Besides demonstrating yourself as petty?

Exactly, gembitz.  You are starting to get it.  Only need (for shits and giggles) a few pieces of gold rather than a whole damned pot.  wwwwweeee.

What does your question have to do with my posted point, above?

The price of bitcoin in the future is based on probabilities of various events, so I cannot say with 100% certainty.... LOL!!! 

I will assert that there seems to be greater than 50% probability that the price of bitcoin tomorrow will remain within its current consolidation range which is between approximately $3,650 and $4,200.    Rest assured lambieslayer white knight.

Great idea.  Convert that gold from the pot into bitcoin.. 1) much easier to store, 2) much easier to transport, 3) much more secure, 4) much more divisible, 5) much easier to perform transactions, 6) frees up the pot for other uses, and maybe hang on to a small jar of the gold, just for shits and giggles.

Point 1:  Fair enough that your kids / grandkids might be handling the situation well....

Point 2:  what is this thing "crypto" thingie-ma-jiggie to which you refer?      

Oh gawd.....





His style is just like lambie himself/herself - except on the bullish rather than bearish side of things.  So consider that.  

Yeah, but many of us are familiar with a dollar cost averaging concept.

Of course, I don't really know much about your personal circumstances, but I always suggest for BTC investors to largely get their finances in order before investing in BTC - however, sometimes, it would take too long to get everything in order, so you have to prioritize various aspects in order that you don't have some kind of an emergency situation that causes you to have to cash out your BTC at a time that is not of your choosing.

In that regard, sometimes, even when cashflow situations are  tight, you can buy in very low price amounts, such as $5 here and there or $50 or just spare cash... I have a system in which I project my cash flow for 6-18 months, and make sure that I always have at least $900 in my banking account (as a cushion) (and of course I have other funds that I could draw from too, if I were to have a 6 month long emergency or something like that), so if I have new cashflow come in or new expenses, I can plug those amounts into my cashflow projection, and if my amount of cushion in my cashflow projection goes over a certain amount, let's say $1,000, then I can take up to $100 and buy bitcoins with that.... and I still maintain my minimum required cushion of $900.

Also, maybe if I was running tight on my cashflow, and suddenly I found myself with $100 extra to buy bitcoin, I might put that $100 in a Bitcoin buying fund, and then perhaps buy $25 per week of bitcoin with that for the next 4 weeks, or something like that.

O.k.  Seems like you may have done decently well then because there can be a lot of issues figuring out when exactly to sell and how much.  I personally have a philosophy of selling only a small fraction of my coin, just for a kind of volatility insurance, so I don't really try to guess about the extent to which BTC prices might be in a bubble or not.  I like my system, so I am not sure about any plan to change my approach.

I would actually have been more nervous if I would have sold a larger portion of my stash, then at various price points I would not have been sure about when to buy back and probably felt more stress at each of the levels that I bought back more than I should have, and then the BTC price drops more.. but yeah, in the end, if you are able to sell some near the top and then buy near the bottom, you surely don't have to get those numbers exactly right in order to profit from the BIG BTC price moves.

Don't "we" already have "some bitcoins"?  Arguably enough for UP?

In other words, "we" have been in these sub $6k prices for nearly 4.5 months, and maybe "we" will be here for a few more months.....?  Gosh, as I type, I consider that "we" could be in sub-$6k territories for more than another year... but surely better to go up... even though it seems that "we" should still have enough time to buy a bit more coins, in case "we" feel that we don't have enough.

I guess that my punchline of this post, is that buying BTC under $6k remains a pretty decent value... even while I cannot really se any reason to rush purchases, yet... I suppose baby FOMO won't kick in until about the supra $10k area, and higher level FOMOs will kick in at $17,500 and $23k-ish?

What the fuck are you talking about?  You seem to be assuming that there is no internet or at least two computers in the whole world to verify the transaction.  At this time, we have millions of computers... so snap back into the real world rather than your fantasy post-Armageddon world.  

So in the real world, if I want to buy bitcoins at point A then I do... there are are lot of methods to buy bitcoins.  Thereafter, I have the option to transfer the bitcoins to point B, and there are a wide variety of ways to transfer bitcoins, including in my brain.  Once I get to point B, then I can cash the bitcoins out, if I want.   Anything else need to be said?  I don't need to go over all of the options because they are going to vary in different locations and also the means of storing or transporting the BTC will vary too.



In about the past 9 years, bitcoin has had a market value.  I will grant you that the first year of bitcoin, there was not very much of a market value'; however, the market value has increased, so we are not merely talking about a timestamp, you dumb fuck.  You may have been legit in making that criticism/assessment of bitcoin in its first year, and even if bitcoin had stayed in a similar status, as it's first year for the next 9 years, but it did not.  Snap out of it.  Snap into reality, and that is bitcoin has a market value... currently a little below $4k.


I am not trying to push anything.  I am being descriptive, not prescriptive..   for the most part... although, for your own good, you probably should buy some and then maybe you will start to understand it better.  perhaps?  Are you capable?


You are making shit up... with dumb nonsense.  Sounds good in theory, but you seem to be talking about something other than bitcoin.


Again.. gobbledy gook.  Verification of a bitcoin transaction is transported in a variety of ways.. including over a phone line to the extent an internet connection is accomplished in that way... but how it relates to your claim that bitcoin does not have value because it lacks sufficient physicality is beyond me.  

Maybe you should take your emergency proclamation(s) to some other place because the vast majority of peeps here don't give a shit about your nonsense, baseless and overly repeated fantasy fearmongering(s).

I guess I can kind of see your point, but if they are trading with actual BTC, then could still be honestly reflecting on BTC's trade volume... At least the initial acquisition of the coins with BTC.  Maybe ultimately we could just agree with bitserve that there is so much information that we do not know, even if we have some skepticisms about the reports that are being done in terms of their ultimate conclusions, their methodology in figuring out relevant facts and even their logic once they have some vague and alleged factual findings.

I agree with you that each of these latest green candles are just barely green.. each week an additional green, but only a little.

Regarding the number of weekly green candles on stamp, I show as closed one green, one red and then five green ones.  The current one is green, but who cares, the current one is only a few hours old.

What I am trying to say is that there appears to be 5 green weekly candles in a row that are closed - not 6.

I would not define it as fake merely because the trading is done by bots or merely because alt coins are the pairs.

Some of that bot action is legitimate, especially if they are paying fees to trade.  Of course, if they are not paying fees, then there are questions of wash trading, which implies that those trades do not have much value except to make it appear that an exchange has more trade volume than it does.

Regarding alts, it can be legitimate too and even effect BTC volume especially if it is paired with BTC, but I could give any shits about altcoins trading amongst themselves, so I am largely objecting to an ongoing convoluting of what is actually affecting bitcoin price dynamics by some vague references to activities that are going on with alts, ICOs or whatever else is lumped into the analysis and claims bing made, that are then imputed to bitcoin, too while they were failing to engage in a proper BTC focus.   

In my earlier post, I was only addressing some earlier claim that you cuddle up with silver/gold... blah blah blah... and comparing that to cuddling with a woman.  My own error, not to be making such comparison to bitcoin, and your desire to purposefully convolute such point into a new thing about which you would like to talk.



I will just briefly touch upon this last point of yours, which is nonsense, like most of your other bitcoin points.. in which you conveniently convolute concepts and seem to be directing your criticisms towards some amorphous digital currency concepts rather than making head on discussions of bitcoin, which should be more  of our focus in this thread. 

Anyhow, to me, it seems that you have been attempting to reach such MLM conclusion about bitcoin based on your own personal (but wrong) assessment that bitcoin does not have fundamental value or use cases, and you have batted your many reasons around the thread for years, which are wrong...   .

Whenever anyone actually describes some use cases for bitcoin or various other fundamental reasons for BTC to hold and to increase in value, you fail/refuse to address those kinds of issues... just like a troll or shill.  Wait?  Are you a troll/shill?  Go figure? 

So is there any use to go back and forth with your willful ongoing ignorance..? likely not.  Just a BIG ASS waste of time, and thread space, and you will continue to bat around your same talking points that are mostly conclusory, rather than based on actual relevant and/or  meaningful facts and logic.

Anyhow, on its own, bitcoin provides utility through its ability to permissionlessly transport value anywhere, including millions or billions of dollars of value.. for low cost and relative ease... try doing that with gold and silver...   Try authenticating your gold and silver like you can with bitcoin.. try moving gold/silver across borders (especially large quantities) like you can with bitcoin.. try dividing gold/silver into small, precise, exact or useable quantities like you can with bitcoin.. try storing gold/silver securely (especially large quantities) like you can with bitcoin.

In other words,  Stop being stubborn and spreading your ill-informed phoney baloney, you dumb-ass fool...

In essence, you can still buy into bitcoin (if you are not already), and helping you with a plan might be a better use of your time and energies within this thread.  We can help you.  And maybe your future richness (rather than gold/silver stagnation and preparation for a future that is never going to come) will help you to meet a nice girl, too, in order that you can moderate some hateful thoughts, too?  Perhaps?  You are still salvageable, you nazi loving bimbazo?

Huh?  I almost was sucked into stating my preferences and practices, and then I thought, it's none of your fucking business, roachie poachie.. especially, since you don't seem to understand certain concepts...

Anyhow. I do do alright for myself, generally speaking.   From time to time, there are dry spells, but at least, I get frequent reminders about how it feels to cuddle up with a woman, and I would not feel comfortable, at all, cuddling with some gold or silver coins, which seems to be your ongoing problem area, especially since they do not seem to be gaining in value or to have gained any such appreciation likelihood... which could at least allow you to buy some temporary attention.   

Don't get me wrong, I am very skeptical of the various mainstream news outlets pumping out this common line that bitcoin's trade volume is like less than 10% of what is claimed, and actually, they don't even say bitcoin, exactly, it is some kind of amorphous claim about "crypto", whatever the fuck that is?  Furthermore, there seem to be some claims that the only valid volume are the trades that are processed through the orderbooks, and surely on the face, we should be able to recognize the bullshit angle to that kind of claim.

Otherwise, I agree with you that whatever is being used for information to reach these various conclusions are frequently incomplete.. and I suppose that is why we are batting it around here... and might even come up with some better analysis ourselves, perhaps?  That's not a given either.

In my thinking it's not about generosity exactly, but instead trying to figure out ways that kids are going to develop their own self initiatives.

Let's say jbreher got into bitcoin around the same time that he began his forum account in 2011, and therefore started giving 1BTC per christmas per kid/grandkid then living.  The value of that gift changed stupendously, and the kid/grandkids who are at least 8 years old received 8BTC each, so far.

Perhaps, I don't know enough about the situation, but it seems both sloppy and reckless, from my perspective  - and jbreher's earlier explanation did not make too much sense to me, just like the quasi-unrelated concept of his ongoing support of bcash (including faketoshi) don't make much sense to me.  And, all of those are within his discretion... and the only way that we (am I using the royal we, here?) know about all of those ideations and practices of his and can talk about them, is because, at various times, he told us about them.

Something like this is what I was thinking too.  It may NOT cause as BIG of an effect to completely discount Hairy's criticism, but there could be some magnifying effect that happens with the use of leverage and margin trading that disproportionately causes the prices swings to be much greater.. and perhaps that would be because some BIGGER players (and it does not even have to be Bitmex, though logically they would seem to be the most likely suspect, because if some other BIGG players were doing it, then Bitmex would be able to verify what happened and develop ways to put a stop to it or at least ameliorate some of the effects) .... so yeah, the more that I write, through this thought process, the more I am coming over to Hairy's suspicions about the real cause, which is ultimately, way less liquidity than they claim to have...

I suppose that it would make a difference if it rises to 90% less liquidity or merely 50% less or some more innocent misrepresentation.