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16101  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2019, 05:04:11 AM
Cylinder Maximalist

 Don't worry, I have a plan for our little friend.  No whitepaper yet but I think those are overkill and cause a lot of unnecessary infighting.



edit: VeeCash! VeeCash! VeeCash!

The latest "me too" language regards "maximalism" is within a range of social acceptability, and if you really want to insult V8, you gotta label him as a cylinder "extremist" hahahahaha 

I like that:  "VeeCash! VeeCash! VeeCash!"  Vroom, Vroom.
16102  Other / Meta / Re: [MERIT][NSFN] We're destroying more merits than we're sending. Like, way more. on: January 17, 2019, 04:51:24 AM
Bump... updated with 4 months worth of data.

What stands out this month:

[...] 76% of newly created accounts in 2018(*) do not post. Taking that on to the 21K new accounts created last month, and assuming that they maintain the same behavioural trend, that would leave around 4.200 of those accounts that do post at some point or other.

If ~4200 new active accounts have been created in a month and 5000+ accounts have been banned then perhaps there is hope to turn the tide of shitposting.


Nevertheless, guaranteed full employment for years to come for anyone seeking engagement in such a shit posting battle.  hahhahahahaha   Wink
16103  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2019, 01:03:06 AM


Why two merits for this image? What am I missing here? Undecided

Price movements like Bart’s hair

- Bart
- De-bart
- Bart
- De-bart

We’ve been stuck in this shitty range for ages now

Up, down, up, down, up, down in small (ish) increments

In 2015, we were stuck in a price range that was largely in the mid $200s for a bit more than 8 months, so currently, we are quite a distance from that level of stagnation.  I am thinking that it could be good to be stuck here for a bit longer, and I would prefer this range than to go below $3k and get stuck in a lower range, if that were to happen, which is certainly possible.
16104  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2019, 12:59:53 AM
From current prices what crypto do you think will 10x first, Ethereum or Bitcoin?

Both ETH and BTC will not make 10X so forget 10X and get into seeing bitcoin being used as a means of payments worldwide, this should be our main objective

Two shills battling for a bitcoin narrative.    Roll Eyes Roll Eyes
16105  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2019, 12:43:41 AM
I know at some point we will see it above $100k and I can't afford to miss it.

I can’t afford to miss it either & I have no intention of selling a large portion of my stash until we see $100,000 per coin.

I won’t sell nothing during the next epic bull run like this time. I’m cool with not selling at $20,000 but I’m not going through another multi year bear market sitting on my fucking hands again.

The next bull run will make my life & probably several generations of my families lives after I’m gone.

I won't even sell that much at $100K if/when it ever comes. Just "enough".

That's another thing. Even If it hits $100k I don't want to dump all I got. Only half. I always feel like I should be buying twice of what I usually buy. It is not just about the price, no matter what happens I just want to hold some coins because you'll never know what the future is going to bring.

Sure I want to live a happy life but I don't want to miss a happier life.  Grin

Exactly, that is why it remains a prudent practice to buy some portion more than what you intend to HODL for the long term.  buying double seems to be a bit of an overkill, yet I understand that each person finds his/her proper balance, such as buying an extra 20% or 50% or whatever amount that makes it comfortable to sell those off as the price goes up and to continue to be able to maintain a decently sized ongoing "in" position.
16106  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2019, 12:14:05 AM
The 21 million limit and block reward reductions are not set in stone. All it takes is consensus and these things can be changed.

Easier said than done.  Good luck with those kinds of core change proposals that you believe to be so potentially malleable.
16107  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 16, 2019, 05:57:47 PM
Repost of a classic chart (source unknown):



Whoaza!!!!!

I am not sure if I like that, even though logically it makes a decent amount of sense.  The $160k in August 2023 seems like decently acceptable, but then again, by August 2023 we are going to be coming close to the 2024 halvening, which will likely be in early 2024 (meaning before May).
16108  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 16, 2019, 05:48:55 PM
Isn't it almost incredible how far the ATH or even $10K+ seems about now?

To the contrary, $10k seems incredibly near. Especially knowing that Bitcoin is still in it's infancy.

Don't say that!

I'm buying a house, I've nearly stopped my accumulation for 3 months. Only putting my forum earning on the side.

Once the moving is over I'll start accumulating again! Give me a few months left under 4k pleaaaaaaase

Yeah, we all need to wait and suffer in order that you can buy an additional .1BTC.   Roll Eyes Roll Eyes
16109  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 16, 2019, 05:47:14 PM
^
@these prices, you Made a good deal

In a foreseeable future.... take your time and look back to Posts as these “reminder of what a great buy you Made right here”
I hope I won't regret it later about my bitcoin purchase. Grin

Do you have any specifics to share?
16110  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 16, 2019, 05:43:40 PM
Weeee! I just got paid $4300 for the inherited land. It was double than what I expected because of some error in my favour of the parameters in the documents. Now waiting for the money to arrive at CB. Then with no hesitation I will hit the button for a direct buy, I love to do that!  Grin I know that this sum is ridiculously small for many in this forum, but I am happy to increase my modest low 2 digit stash with 2BTC in a month. At these prices I could buy with my fucking salary in the shittiest country in the world only 2BTC in a year! My decision has always been to ignore the market pumps and dumps (I am not that good to predict esp. the dumps) and wait 2-3 years for my first sale. I hope to be able to buy a villa at the beach with part of my stash by then. I still have a firm belief that we will make to 30K-40K range by then. We shall see.

I don’t think anybody here criticises fellow WO posters for increasing their stash no matter how big or small it is.
Lots have more BTC than you but I guarantee lots have less too.

Keep buying & we will be rewarded. Congrats to you on the sale & soon to increase your HODL pile Smiley

Weeeeeee!

There were quite a few people struggling to be included in the at least 1BTC club in late 2017 and early 2018, and recently, that at least 1 BTC club has has become easier to achieve entrance. 

Surely, there are a lot fewer members in the double digits and above club, so each of us has our own goals about how many BTC to accumulate and considerations of whether we can move our goals upwards once we achieve the lower goals.  I have done so many times in my BTC experiences.  I also had to move my goal downwards after a fairly extensive hack (related to phone porting) that occurred for me in early 2017.
16111  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 16, 2019, 04:22:00 AM
Where's the volume though?

We have to allow for the risk that we do not get a volume event this time.  Or maybe we get a volume bounce off the 200 Weekly MA which sits at $3250.  

This is still very much an untested hypothesis.

Edit:  the technicals still say we are sitting in a confirmed downtrend.  But that's not the point.  We are trying to predict the bottom before it shows in the technicals.  



Hairbearie... are you starting to smoke from the same batch of UP hopium as some of the rest of us HODLers?
16112  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 16, 2019, 04:19:25 AM
During the run up to $19k, I had a guy ask me donate some bitcoin to a good cause, because he knew that I was rich.   Roll Eyes Roll Eyes

Bonkers.

You are not SO rich Wink

The substantive fact about "rich" is not as important to the story as is the perception of "rich."   In other words, there was some perception (or expectation) that I had some kind of duty to help out here on the interwebs.   Shocked
16113  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 16, 2019, 03:32:59 AM
FS you try an do good round here you get banned.

Loosers hehe

https://i.imgur.com/N8Wyr45.gif[/img]
https://bitcointalk.org/index.php?topic=5097875.0
oh man Globb0 do be careful of those tards over there. they are mindless power-crazed robots. you may have to back down and act contrite and change your ways.
btw love what you were doing of course

It's a pity a random spontaneous act of kindness and generosity can be so heavily criticised instead of just accepted for what it is.

The whole situation seems strange to me.

If there were "random and spontaneous acts of kindness and generosity," then why is there a need to draw attention to such by creating a thread?  Reminds me of one of my female co-workers who brought homeless guy to work with her, and then attempted to defend her position.  She ended up getting fired over the matter, because it was a sign of her bad judgement especially the fact that she failed/refused to be discreet about the matter - a kind of self-destruction.

You could be way more helpful if you used your logic to support our fellow good-standing members.

I am not saying you are wrong. Just trying that you see it from another more positive and supportive point of view.

I did not know that I was participating to be "supportive" of crazy?  Next thing you are going to want me to invest in some "profitable" charity?

I tried.

During the run up to $19k, I had a guy ask me donate some bitcoin to a good cause (which was a mutual acquaintance who had made some bad financial decisions in then recent times), because he knew that I was rich.   Roll Eyes Roll Eyes
16114  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 16, 2019, 03:30:38 AM
FS you try an do good round here you get banned.

Loosers hehe

https://i.imgur.com/N8Wyr45.gif[/img]
https://bitcointalk.org/index.php?topic=5097875.0
oh man Globb0 do be careful of those tards over there. they are mindless power-crazed robots. you may have to back down and act contrite and change your ways.
btw love what you were doing of course

It's a pity a random spontaneous act of kindness and generosity can be so heavily criticised instead of just accepted for what it is.

The whole situation seems strange to me.

If there were "random and spontaneous acts of kindness and generosity," then why is there a need to draw attention to such by creating a thread?  Reminds me of one of my female co-workers who brought homeless guy to work with her, and then attempted to defend her position.  She ended up getting fired over the matter, because it was a sign of her bad judgement especially the fact that she failed/refused to be discreet about the matter - a kind of self-destruction.

You could be way more helpful if you used your logic to support our fellow good-standing members.

I am not saying you are wrong. Just trying that you see it from another more positive and supportive point of view.

I did not know that I was participating in this forum to be "supportive" of crazy?  Next thing you are going to want me to invest in some "profitable" charity?
16115  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 16, 2019, 03:20:41 AM
FS you try an do good round here you get banned.

Loosers hehe

https://i.imgur.com/N8Wyr45.gif[/img]
https://bitcointalk.org/index.php?topic=5097875.0
oh man Globb0 do be careful of those tards over there. they are mindless power-crazed robots. you may have to back down and act contrite and change your ways.
btw love what you were doing of course

It's a pity a random spontaneous act of kindness and generosity can be so heavily criticised instead of just accepted for what it is.

The whole situation seems strange to me.

If there were "random and spontaneous acts of kindness and generosity," then why is there a need to draw attention to such by creating a thread?  Reminds me of one of my female co-workers who brought homeless guy to work with her, and then attempted to defend her position.  She ended up getting fired over the matter, because it was a sign of her bad judgement especially the fact that she failed/refused to be discreet about the matter - a kind of self-destruction.
16116  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 16, 2019, 02:01:07 AM
I fucking need some moon now that I am again mortgaged! Weeeeeeee!

"Again"?  What is the back story?

I think you were busy IRL when I decided to somehow share it here: https://bitcointalk.org/index.php?topic=178336.msg49054618#msg49054618

Ok.... Now that I read that again, I recall seeing it.

It seems like a bit of an over-leveraging, but not necessarily a bad one.  Each of us needs to make those kinds of decisions, and not necessarily kick ourselves if we teeter on one side or another.

I recall that in about late 2014/early 2015, I was teetering on whether I should divert some of my 401k investment into bitcoin.  At the time, I was more than 50% in the red in bitcoin, and I figured that such a diversion of merely a portion of my 401k could more than double my BTC holdings.  In the end, I decided NOT to do it because I had already gotten to a level of investment in bitcoin that was beyond my initial projection of what I was going to do.  So I could not really justify taking a larger stake, which would rise to the level of a kind of excessive gambling, in my thinking.  I continued to dollar cost average and to attempt to invest fairly high amounts of my spare cash flow into bitcoin, and I considered that what I was doing was more than enough "overleveraging" because it also allowed me to feel comfortable with my soon thereafter decision to sell on the way up (my current practice of selling on the way up and buying on the way down with ongoing dollar cost averaging into bitcoin of any extra income that I get).  So, I never really feel bad to shave off a bit of sales of bitcoin, here and there, because I already feel a bit "overleveraged," but NOT overleveraged so much as to have taken out of my 401k.  Anyhow, my point is that there can be a variety of ways to still achieve a kind of overleveraging approach while NOT breaking the bank, so to speak.
16117  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 15, 2019, 09:48:40 PM
I fucking need some moon now that I am again mortgaged! Weeeeeeee!

"Again"?  What is the back story?
16118  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 15, 2019, 09:40:53 PM
So I guess people believe that as long as a crypto is secure, scales, has a good wallet, can run a node, and runs on good hardware, then....

....it really doesn't NEED TO HAVE ANY PURPOSE FOR EXISTING BEYOND THOSE THINGS TO BE A SUCCESS??

Are you guys for real? Those are all just technical details, that can be easily cloned and replicated with the click of a mouse.

I don't understand why you, Torque, have this tendency to describe some general point of view, and than attribute such point of view to "you guys."  

Is this just an ongoing figure of speech of yours, or are you always engaging in such generalization fallacies in your way of thinking about matters?  

As if you are the only person that has any original perspective, and all other thoughts fall into a glob of "you guys think?"   Or a Straw man, way of presentation?

They know who they are JJG. Obviously not you. Unless you secretly think the shitcoins du jour have any purpose for existing or real world value, in which, I'd be glad to debate that with you.


ETH's "valid use case" today is it's facilitation of scams (including ICOs), so whether we like it or not, ETH has a "valid" (even though scam dependent) "today use case," no?

Sorry but no. To facilitate scams is not a value-add purpose for existing. That's total bullshit.

I am not going to argue with you about any alt coin having any long term value, and that is part of the reason that I do not hold much alt coins at all.  Currently, I think that my total altcoin holdings amounts to less than 1% of my total crypto value territory; however, I still will maintain that the facilitation of scams is a short-term use case that can be quite profitable by a large number of folks who want to get involved in such shady business.  Even if its longer term fundamentals are not present, such scams and pump and dump use cases could be prolonged for much longer than either you or I are likely to live 50 years or more. In the end, the scams are likely to collapse and be replaced by other scams, but I am not going to concede to you that there is not value in that, which you seem to be caught upon long term viability which seems to be a bit of a different question.
16119  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 15, 2019, 09:33:12 PM
A 'pebble' falling from several kilometers (without any acceleration except for gravity) will kill you I think. At least that's what I remember my calculation of over a decade ago.

Did you account for air drag, or did you only consider gravitational acceleration?

At that time it would have lost all of its rotation and probably would be just tumbling with added air drag. A parabolic shoot on the other hand.... But still most probably not deadly... if it was so unfortunate to hit someone in the head/eyes/neck. Which is like an extremely small probability in itself. A hit to the body of person with clothes would probably just bounce (not without some moderate impact pain depending on clothes thickness) and not penetrate.

Sigh..we have to get ya'll some more edjumacation..just saying.

Quote
Out of the more than 500 shots fired from the test platform only 4 falling bullets struck the platform and one fell in the boat near the platform. One of the bullets striking the platform left a 1/16 inch deep mark in the soft pine board. The bullet struck base first.

Quote
Based on the results of these tests it was concluded that the bullet return velocity was about 300 f.p.s. For the 150 gr. bullet this corresponds to an energy of 30 foot pounds. Earlier the Army had determined that, on the average, it required 60 foot pounds of energy to produce a disabling wound. Based on this information, a falling 150 gr. service bullet would not be lethal, although it could produce a serious wound.

https://web.archive.org/web/20080331192517/http://www.loadammo.com/Topics/March01.htm

https://www.grc.nasa.gov/WWW/K-12/airplane/termv.html

We could dive into Stokes Law or Reynolds numbers but I think I will just leave it with this.

I dont know about you but a 1/16 inch dent in my skull sounds pretty painful...if not immediately lethal.

From your own data:

- Most of the bullets did not even hit the platform. (What I said about human pobablation density).
- 4 hit (out of 500), but only ONE left a 1.5mm mark on wood?

So even in that rare case most probably not deadly even if a head hit (surely painful) and, according to your own data: "Based on this information, a falling 150 gr. service bullet would not be lethal, although it could produce a serious wound"

It would not even penetrate the skull. There is hair, skin, meat, and bones all of which would cushion that 1.5mm dent better than wood. A serious concussion? Maybe. A slight probability of a deadly concussion? Yeah, but very slight indeed.

Anyway, no, I wouldn't want that random "lucky" bullet hitting me right in the middle of my fucking head or, even worse, an eye Smiley
In other words an unacceptable risk.

Unacceptable? It depends. How much would would I get for you to fire 500 rounds straight up in the air and me standing in place waiting for the more than improbable non-lethal head hit?

P.S.: I have good hair, mind you.
You'd have to pay me for it. I know how americans love lawsuits. Besides it's not about you mister narcissist. It's about the people it actually does happen to, especially those who did not consent to random falling bullets. The more it's accepted the more people will do it the more people will get hurt.

Wear a helmet and shoulder pads, for the sake of science.
16120  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 15, 2019, 09:24:54 PM

To the extent that it matters, such information is already embedded in the original tweet, misaligned whiteknight trolling fucktwat.

 

Yeah, right.   Roll Eyes    Looking for a bit of opportunism here, I see.   Showing your true pouty colours.   Embarrassed
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