Missing the updates Fakhoury, where did you run off to?!
Missing the updates Fakhoury, where did you run off to?!
I'm getting worried... He'll ya, welcome back Fakhoury! Was starting to think someone kidnapped you for your BTC!  Thank you all for your concerning and asking after me, this is my best moment ever as I really feel that you are my brothers (only child here). Crazywack : It would happen tbh, but when mass adoption happens and street thieves knows about it  Glad to see you back Fakhoury! By then we will have armed guards for our Bitcoin riches !!! It's a must tbh  Love this thread Fakhoury! thanks man!
You are most welcome buddy Keep up the good work Fakhoury, we need you to keep plugging away as we get ready for lift off after the halving.
Don't worry my brother, I will let you "orgasm" from the "bullishness" |
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IT SEEMS THAT CHINA WILL BREAK THE 3000 CNY BARRIER TONIGHT |
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The .lock file is not related to the wallet at all. Your wallet password is never written to the disk, just held in memory.
Try just copying the wallet.dat file and make sure that when you do that Bitcoin Core is shutdown.
You are right with all what you said, thank you for your help. .lock file is used to ensure that only one instance of the program is being run at the same time. never ever move a wallet file. ever.
Wallets should not be even touched while core is running. Especially on Mac, Apple filesystems are known to be shit, and you will lose all your funds.
copy it to desired location. If you need to move the funds, simply copy the wallet, or even better, send the money.
I've always moved my wallets .dat files when core was completely shutdown  |
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Had a few minutes, so I looked up the numbers for phase 2 of each of the previous cycles; they are:
Cycle 1 Phase 2 : start: $0.78, max: $29.58 (37.9x), end: $5.74 (7.4x)
Cycle 2 Phase 2 : start: $125.47, max: $1,132.29 (9.0x), end: $621.93 (5.0x)
Cycle 3 Phase 2 : start: $410.17
Interesting that again, the amount of increase is less in cycle 2 than in cycle 1. May be indicative of a smaller increase this time, too, although things don't seem top be indicating this, as far as I can tell. I think we will get an increase, but not necessarily less than cycle 2.
Note that given the recent price uptick and away from that long period of stability, we may be transitioning into section E of the graphs. Each previous time there was a gradual start to increase, before price really took off.
Despite the phase of each cycle. Do you feel like we will hit $1k in phase 4? Since the halving or no? Im including all exchanges including chinas, after the halving is done. My personal feeling is regardless of what happens before the halving, unless we hit a new ATH before then (and even then possibly still), we will see a significant increase on the order of 2x or more in the months following the halving. Given the current price we are at, I expect $1000 before the end of 2016 quite likely. The real question is as we approach the previous ATH, what will happen? I say we either stay below it (~$1000 range) or rocket past is ($2000+). Again, all of this to happen before year end. (Note all my prices are US $, based on graphs produced from Bitstamp only. However, all the exchanges follow similar trends these days, even though the specific numbers may vary) I don't think the price will stay behind the $1K, why would it ? |
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I think the halving in July is bullish. I think at least a majority will agree with that statement. And it is only two months away.
I think it is worth the risk in investing short term, as well as long term, in Bitcoin.
So how much risk is anyone else willing to take on? Stop 401k or IRA contributions to use that money? Sell assets to fund more bitcoin (which is what I am doing)? Or the brave souls who would "charge a credit card" to bet on the increase to pay it off in short order?? Heaven forbid, someone I read is betting their house (if they were serious) on Bitcoin in the halving. Or has the upward move largely happened?
This is all in the face of some doubts with Bitcoin, like the hard fork risks and block size resolutions being advocated.
I am not a gambler, but I am going to buy more over time but am weighing what my risk level is.
What you are doing is right buddy, weighted the risks I mean, but for me, I'M ALL IN !! I think the halving in July is bullish. I think at least a majority will agree with that statement. And it is only two months away.
I think it is worth the risk in investing short term, as well as long term, in Bitcoin.
So how much risk is anyone else willing to take on? Stop 401k or IRA contributions to use that money? Sell assets to fund more bitcoin (which is what I am doing)? Or the brave souls who would "charge a credit card" to bet on the increase to pay it off in short order?? Heaven forbid, someone I read is betting their house (if they were serious) on Bitcoin in the halving. Or has the upward move largely happened?
This is all in the face of some doubts with Bitcoin, like the hard fork risks and block size resolutions being advocated.
I am not a gambler, but I am going to buy more over time but am weighing what my risk level is.
Good idea. Once bitcoin is a "safe" investment, the opportunity for huge gains will be severely diminished. I was just using extra money to buy bitcoins over the last few years. Instead of putting it in the stock market like I was before, I bought bitcoins. I would never back down my 401k to buy bitcoins though. Actually, I see Bitcoin as a safe asset now, why not ? If it were to fail, it would failed after few months or years, we approaching 8 years now and it's growing in a wonderful matter. Very true Fakhoury. In fact, I've thought the same before. Really all you have to do is stay up to date and informed with what is happening and where bitcoin is going (your thread is VERY helpful for this ). By doing that you won't get blind sided. Generally, the time something has lasted would be the time it takes to be completely destroyed. 7 years old and coming out of a severe bear market with halving looming.....can't get much better! We ain't seen nothing yet buddy Adding news from your side, Hunyadi makes me extremely happy, looking for more bullish news from your side my old friend No problem. Thanks for the recent news! You are most welcome |
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Crazy market movement. Totally unpredictable.
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