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1641  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2021, 02:03:24 PM

1. Cameron Winklevoss
2. Tyler Winklevoss
3. Eduardo Saverin?

1. Director of NSA
2. Director of FBI
3. Director of CIA


 Wink
1642  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2021, 04:02:56 AM
Remember when everything would close by 6 pm on Saturdays and not open again until Monday morning.  One of the towns I lived in also closed up all the shops at noon on Wednesdays (I never knew why).  Cashing a paycheck was difficult because the banks closed at 3 pm on Thursdays.

From the UK? Early closing Wednesday was shit. I remember the home improvement places fighting to be allowed to open on Sundays too.
1643  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2021, 03:59:58 AM
Strike executes the international transfer through their Lightning infrastructure, and the party at the other end receives their own fiat currency. 

What international transfer? How is this different from regular forex other than buzzwords?
1644  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2021, 02:53:22 PM
Oh no!
Jameson just ruined my favourite activity during the day:


https://twitter.com/lopp/status/1378449420350582793?s=21

I consider my time spent checking the price, even more when I do here on the WO, amongst the best time spent!


👍 Nothing like hearing and/or reacting to old news.
1645  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2021, 02:47:48 PM
No worries, soon your $1000/week stimmy (*cough* UBI) check from the govt should cover it. That's at least 4 big macs a month for ya.

That'll be $4000 in tax, please.
1646  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2021, 02:40:40 PM
Anyway, I've been thinking recently for a tool to measure the profit/losses of the daily traders who follow the trend. It is well known that those kind of traders are 99.9% losers. I mean, for each pump, no matter how big, they make on average 1%-2% profit. While on the dumps they can't afford a 1-2% stop loss and so make on average (x/2+1)% loss, if the dump was x%. (I'll try to explain my logic below.) Thus, they theoretically are always losing in the longterm. I guess thay have the same level of math and science as proudhon and can't understand this.

I think an analysis of the short-term movements would be interesting. My hypothesis is that they're essentially random (which, incidentally, is also what you would expect to see should enough people have very good trading strategies). I.e. unless you have specific knowledge, you're basically gambling.
1647  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2021, 02:16:28 PM
I DO have a Fuckerberg Book account but thankfully never associated my phone number with it.

Same here. Especially since the primary beneficiary of having your phone number is facebook itself. A very unique identifier.
1648  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 03, 2021, 01:51:42 PM
Someone(s) is really interested in making it seem like Bitcoin is worth almost exactly 60k.
1649  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 03, 2021, 04:01:50 AM
I "retired" (i.e. stopped being an employee) in my 20s.

It's indeed all about doing what you like.

The stress of disrupting your lifelong routine is what kills people. Get that crap over with while you're still young.

I'm pseudo-retired and never been busier. I think for a lot of people, they are their job and when that's gone, so are they. I could do with another 5 hours in the day for all the things I want to do.
1650  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2021, 03:45:49 PM
bitcoin is a lot about game theory. with so many institutions fighting over the last few bitcoin available, what would be the optimal time for a large investment to create an advantage over its competitors? maybe before or on a long weekend when the competition is on vacation?

Large investments will aim for OTC deals with predictable cost. Those without the clout for that will purchase slowly to avoid price shocks.

We talk about supply and demand affecting the price but trading is a stochastic process and sentiment is probably more important most of the time. This is why 58k is "too expensive" but a dip o 53k is also "too expensive" then when we're blasting past 73k, it will be "buy buy buy".
1651  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2021, 02:40:53 PM
Can't believe we're still under 60k. We should probably be at least 62 from $ inflation alone over the last two weeks.
1652  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2021, 04:32:59 AM
Five o clock in the morning

How long can this go on?
1653  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2021, 08:41:10 PM
1654  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2021, 03:33:14 PM
Without a legal link into physical objects, NFT are mostly useless IMO. Which doesn't mean they can't be traded, as anyone who's been following shitcoins understands.

Yes, many things can be traded. The question is whether the trade creates or destroys value. For NFTs, I'd suggest the latter. Though I suppose some might get short-term entertainment value from these things, many believe they are the "next big thing". Just look at how many believe that $68M for an NFT is real and not bullshit.

1655  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2021, 03:20:30 PM
theymos's magic, literally converted Bitcoin price movement discussion to bitcointalk.org NFTs discussion.

Can't have price movement discussion when there's no price movement.
1656  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2021, 03:11:42 PM
I don't get the new NFT thing.

It's a digital certificate that says, "I own thing X". You can then sell/transfer that digital certificate to someone else.

Worse, it's a digital certificate which says "I own this digital certificate". It confers no rights or benefits to the work it is generated from whatsoever.
1657  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2021, 02:26:17 PM

NFT's make a 'certain' amount of sense ..in the case of say a graphics designer using the NFT blockchain to prove it is his/her work on their www site for say

That's a decent use for the blockchain but in what aspect would trading such a thing ever make sense?
1658  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2021, 07:26:27 PM
As far as NFTs, ICOs, etc. while the underlying premise may be wrong or flawed, if there is consensus behind something then it will certainly gain in value. I remember telling my brother to stay away from Ethereum when it was under $2. I still don't recommend ETH but I would have never guessed that it would have come this far back then.

The clever thing about Bitcoin is that it was designed that consensus would build around it. There is no mechanism I can see for this in NFTs.
1659  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2021, 04:29:02 PM
He's made quite a few bangers in his time; the Batman films and The Prestige being among them. While his newer offerings try to sometimes be too smart for their own good they're still enjoyable in their own right.

He's probably make a great series of 42 minute shows for TV. I don't think the movie format is always appropriate for his ideas.
1660  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2021, 04:27:03 PM
What a mess... Not the way I imagined NFTs to function—I'm a total NFT newbie, so I can't really have an informed opinion, but based on the very few things I've read so far, it doesn't look so good...

As soon as I heard websites were involved, that was red flags for me (and there were already more than a few). I'm still not fully conversant with them but the more I know, the more I don't want to know.
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