Why is he wearing flip flops? You're very observant. I was looking elsewhere, didn't even notice the guy. |
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No time like the present. It would be easier and cheaper to implement such a project now than at any time in history. Nothing in it more integrated than an op amp. Get orders in to Digi-Key and OSH Park and build a module. Would not surprise me one bit if someone hasn't already created and shared the gerbers for the boards if you poke around a bit. Not even joking man, doooo iiiiiit You know, you're absolutely right. And it crossed my mind too, while listening to the track. Back then we were busy with school and no money for such big projects. Now it's so much easier. If the Gerbers are available it's just a matter of ordering the parts and PCBs and assembling it. This will be on my to-do list when the 9-5 job is out of the way (thanks to Bitcoin). |
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Pretty much what we’ve discussed here ourselves, including the numbers there.
What do you think buddy, what’s your estimated top of this coming bull run?
I feel a little bit more bullish than that. In mic's contest I voted for 25,000 by halving. This means ATH before halving, this is going to be a little bit stretchted seeing where are we stand right now. However, we know how it happens: slowly at start, then all of a sudden. This can be achieved if there's a daily gain of 1.1% on the BTC/USD price. Not impossible, but if it happens, it will probably be as you say, slow --> sudden. Regardless, I think 2020 will be a good year for Bitcoin, with 2021 breaking 6 figures. The main thing is not to reach it, but to sustain it. I'd say, keep HoDLing throughout '20-'21 at least. This is fine .Don't mean to be a party poop..... well maybe I do?What if the BTC price shoots up to $85k-ish by the end of 2020... but then corrects back down to $25k for the duration of 2021 and maybe into 2022... then what are the HODLer "waiting to sell some BTC" peeps gonna do when king daddy does not perform up to expectations? Maybe they start to feel that they did not sell enough BTC on the way up to $85k-ish? or they did not sell any? and then they feel that they missed the opportunity, again? Maybe even having to wait a few more years for the next price splurger into 2023-25--? who knows... patterns can be broken, no? Perhaps? Perhaps? You'll never be a party poop JJG. You know that. Well, there's always a risk. Maybe assess the situation at the time, see how far you are from your "moon", and sell a percentage of your stash? Like 10%? 25%? Or even 50%? You're still a HoDLer. Depends how you observe it. Look really closely and you'll see ups and downs and wild swings and chaos. Move the camera far away and you'll see a nice uphill path, with the occasional valley, but you'll know where it's heading. Unless it all goes haywire due to some unforeseen "extinction event". Still OK, as the investment was always "as much as we could afford to lose" anyway. It's fine by me. Can't guarantee anything, but I feel a kind of certainty that no fiat investment has ever given me. I felt this when I understood how Bitcoin works. It was a kind of revelation for me, and I felt sick to my stomach when I realised how much time I'd lost. It's talking to us. Through LoyceV's graph, through the price charts, through Satoshi's paper, through BT posts. It's everywhere. And it's expanding. |
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I like you man... I really do! |
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I got the idea for this graph in Investing 1$ every day in bitcoin over the last five years, but the graph I created doesn't only include the last 5 years until today. It includes every consecutive period of 5 years in which Bitcoin had a dollar value, until yesterday. I don't know if anyone ever made a graph like this before, but I think it adds a nice perspective. Results: Data source: https://coinmetrics.io/newdata/btc.csvNote: I had to use a logarithmic scale to make the graph readable. Details:The first 5 year period starts on July 18, 2010, when Bitcoin is valued at $0.08584. On this day, $1 buys 11.64958062 BTC. After spending $1 on Bitcoin every day for 5 years (I used 1826 days), it's July 17 2015. July 17, 2015 is the very first data point in the graph: the most left red and blue dots. The last data point (the most right red and blue dots) represent the investment period that ended on February 9, 2020, and started 5 years before that date. The obviousEarly adopters had the best bet. Nothing new here! Investing a total of $1826 in Bitcoin, for 5 years, with a dollar per day, would have gotten you $10,000 or more at the end of your 5 years, no matter when you started! The amount of Bitcoin you can buy using "dollar cost averaging" for 5 years in a row has continuously been declining. No exceptions! The dollar equivalent seems to have touched a bottom at $10,000. Investment adviceI don't do that! This graph is based on historic data, if I'd know the future, I'd be rich! Excellent! Just excellent! That's some fine data analysis you've done there LoyceV, clearly visualizing what most of us hardcore Bitcoin HoDLers knew all along. You've put it up there, all nicely drawn and crystal-clear, for us to rub to all naysayers' faces. Puts things in perspective when it comes to investing in Bitcoin and how risky (or not) it really is. I challenge anyone reading this, to give me a different (non-BTC) investment plan which would give a minimum of almost 450% gain by investing $1 daily for 5 years, regardless of when you started. Not 10%, not 50%, but 450%!But the big prize goes, not to investors, but to HoDLers! Imagine how wealthy one would be if he/she had invested $1 daily in Bitcoin from 2010 to 2015, and then HeDL his/her stash until today! Assuming the maximum (far-left) point in the blue graph is around 2000 BTC, that lucky smart individual would now have around $20,000,000 ($20M)! * That's a whopping 1,095,190% gain, from a meager $1826! ** To all HoDLers: in case you haven't realised, this ( ^^^ ) is YOU and ME in a few years' time! |
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Pretty much what we’ve discussed here ourselves, including the numbers there.
What do you think buddy, what’s your estimated top of this coming bull run?
I feel a little bit more bullish than that. In mic's contest I voted for 25,000 by halving. This means ATH before halving, this is going to be a little bit stretchted seeing where are we stand right now. However, we know how it happens: slowly at start, then all of a sudden. This can be achieved if there's a daily gain of 1.1% on the BTC/USD price. Not impossible, but if it happens, it will probably be as you say, slow --> sudden. Regardless, I think 2020 will be a good year for Bitcoin, with 2021 breaking 6 figures. The main thing is not to reach it, but to sustain it. I'd say, keep HoDLing throughout '20-'21 at least. This is fine . |
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We may have dropped below $10k, but I ain't changing my 5-digit hat. My hat-changing algorithm has a built-in hysteresis of $1000, so we must drop under $9000 for a hat change to occur.
Which it won't!
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Yo r0achie, you've been quiet recently
Fe fi fo fum. Look out Jew shills, cuz here I come. We can even put JayJuanGee in the camp with the Jews, so get ready. So get reeeeeeeeeeady. JAWOHL MEIN FÜHRRRERRR!!  Au weia - bitte nicht nur spass!  |
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Just looked at the price.
Another AYH.
This is fine.
This is NOT a haiku.
Going to HoDLsleep soon...
Don't forget to encrypt your laptops and lose your keys in a kebab accident.
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I've been infected!
Can't stop watching Bitcoin price.
Coronavirus?
#haiku
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BSV nodes are accidentally connecting to BCH nodes.  Bitcoin SV (BSV) is a hard fork of Bitcoin Cash (BCH), and it seems that its architects did not change much. Bitcoin SV’s shoddy engineering allows for some BSV nodes to connect to BCH nodes when in safe mode.
The issue was brought to the attention of devs last week, and it was unfixed until recently. According to the comment on GitHub, the Bitcoin Cash blockchain is longer, which sometimes fools the Bitcoin SV node when in safe mode. It automatically enters safe mode when it finds a longer but invalid chain. The temporary solution now is to force-disable safe mode. The issue underscores how similar BSV is to BCH—so similar that, apparently, even the nodes themselves sometimes struggle to tell the chains apart. The fact that the issue was allowed to persist for so long is also damning in its own right. Bitcoin SV has been live since November 2018, and only now this issue is being brought to light. Either the devs or doing a poor job or no one is paying attention to the actual architecture of Bitcoin SV. That's exactly what I meant when I said in an earlier post that any changes to the protocol must be done gradually, robustly, and in a well thought out, carefully controlled, and thoroughly tested way. It's OK actually, these are just the consequences of their arrogant, ego-driven actions. Let it all collapse upon them. |
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Bye bye 4, hello 5, on to 6 and beyond...Proudly wearing my 5-digit hat, hope to not have to wear the old hat, which will be kept and preserved for historic reasons, to remember when BTC was really cheap at 4 digits... Congrats to eddie13 on a well played game. We are all winners! 
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Total restructuring and regulation will occur when bitcoin is integrated into existing traditional ATMs installed in or owned by banks. Reading your posts makes me wonder if we are going to be able to cash out / use our BTC when we reach $100+k / BTC, without banks and governments giving us the third degree... No, of course the g-men will always try to put their greasy hands on your precious But the point is: what if you won't ever need to cash out?  I've always liked this meme. That's the ultimate goal. |
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Total restructuring and regulation will occur when bitcoin is integrated into existing traditional ATMs installed in or owned by banks. Reading your posts makes me wonder if we are going to be able to cash out / use our BTC when we reach $100+k / BTC, without banks and governments giving us the third degree... Edit: FWIW, I'm totally OK if the government takes a % of my coins and let me use the rest as I want without any interference from them. |
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A different perspective on Coronavirus. Just got this via WhatsApp from a Chinese friend. Sorry if already posted.  |
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Wow, my rank has just upgraded - a new hero is born Thanks mic for the last merits to 500th and for being a true inspiration to all of us! And thanks all WO brothers for the honor of sharing my sincere thoughts in my posts! #HODL #StrongHands  Congrats ivomm. Legendary soon! |
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Will be fun to read the posts by r0ach and the BCH/BSV'ers.
Why conflate? I fail to understand. BTC up 5.6% in last 24 hours. This is good BCH up 14.8% in last 24 hours. This is gooderer. BSV up 9.6% in last 24 hours. This is gooder, too. edit: oh - sorry 'bout that, nutildah Correct. In the last 24 hours. Extrapolation is a dangerous beast. What makes you think that the relationship between BTC and BCH/BSV will be necessarily linear? We'll know soon enough. IMO, the best strategy is Jimbo's. Coins untouched, keep legacy coins in their legacy state (forked coins intact), cash out when the time is right. I dunno. You said it'll "be fun to read the posts by BCH/BSV'ers". I'm just trying to put the fun in your day. That's all. Though I still wonder why you conflate us with The r0ach - the miserably misguided anti-crypto-in-any-form-er, blinded by his/her flawed axioms. And no, I don't think any such price relationship will be linear. Indeed, it is demonstrably _not_. Further, in the next FOMO rush, I expect BTC to outperform BCH and BSV. (::gasp!:: What did he just type!?) Right up to the point of Blockalypse II, when all that demand will be rebuffed by BTC's latent fatal desire to be exclusionary. And all that demand will find elsewhere to go. Into the more faithful renditions of Bitcoin. Of course, if you have no solid convictions on the matter, Jimbo's approach does indeed make a lot of sense. The fun will be for different reasons. But it will be fun, that's why both were in the same sentence. That's the only association there. I also don't think the relationship between BTC and BCH/BSV will be linear, hence my comment on the 24-hour data extrapolated to the $100k/BTC time point (probably 30,000+ hours from now). Based on what I know about BCH/BSV, their team (Wright, Ver, Wu, Ayre et al.), their history, modes of operation and motives, my bets are on BTC, and that's a solid conviction, that's why I don't hold any BCH/BSV. My coins are where my mouth is. About the infamous "block size" issue, when a genuine need for a size increase arises (not due to spam attacks of above mentioned team of individuals), I expect a solution to be implemented. Gradually, robustly, in a well thought out, carefully controlled, and thoroughly tested way. I think we'll all be here to see how it all unravels. Hopefully soon. |
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Ultra instinct at $100k.  AYH after AYH... 350DMA still looking upside. They tried hard @ $7k to reverse the bullish momentum but failed. This thread will really be something at $100,000 brother  Will be fun to read the posts by r0ach and the BCH/BSV'ers. Why conflate? I fail to understand. BTC up 5.6% in last 24 hours. This is good BCH up 14.8% in last 24 hours. This is gooderer. BSV up 9.6% in last 24 hours. This is gooder, too. edit: oh - sorry 'bout that, nutildah Correct. In the last 24 hours. Extrapolation is a dangerous beast. What makes you think that the relationship between BTC and BCH/BSV will be necessarily linear? We'll know soon enough. IMO, the best strategy is Jimbo's. Coins untouched, keep legacy coins in their legacy state (forked coins intact), cash out when the time is right. |
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