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I'm thinking of changing the poll now that we've got a big enough sample on this one to draw some conclusions.
It's actually really eye-opening, even though this poll is self-selecting for bitcoin afficianados being on this forum I would not have expected >95% are not selling until we are above $1000 !! That's pretty insane, (but I can agree with that sentiment). And I think the 2 votes for "Next $20 rise" are just trolls so that was my trap question to weed them out ... so in reality we have 1 person out of 53 that will sell for less than $1000.
And more amazingly, we have greater than 50% who are hodling for > $10,000 coin.
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Seriously guys , what's with all the celebration  , even if btc doubles or triples how much u gonna make anyway how many bitcoins do you guys own is your wife for sale? |
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Hahah, matthestatist shill comes out in full glory.
he's trying to play like a dumb-ass trader permashort who got run over to make us feel pity and then spread his statist lies ... in triplicate technicolour govvy-loving word vomit all over the pages.
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Ok! I wasn't expecting so many messages, so to be easier for you and me, I am looking for something more concrete. The game should be based on winning (luck), not especially fun.
If I like your idea I am going to send you a private message for a more elaborate talk.
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Thank you again!
What about gamifying Tinder ... like if you score then you get bitcoins to pay for your date? But you have to put into a pool, pay to play but with an odds system on how lucky you might get?! |
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I've got some great game ideas ... send me the BTC first and I can check if they are real.
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Good, this is the type of thread we need. I've been following your posts for a long time -- we registered our accounts within a day of each other back in 2011.  The 'Planning Bitcoin Withdrawals - Advanced' spreadsheet by Chainsaw is good for planning divestments over time as needed. Hey keystroke, yeah I've noticed that elliptic curve plot avatar popping up as long as I can remember Did you have a link to this spreadsheet you mention here? |
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So, when it hits $500, do you just make a new chart and pretend the last one doesn't exist? Also, Bitcoin as a physical currency is going to be yuge. All technically unsavy people will be using this stuff like crazy in place of $100 bills: https://opendime.com/You are fucking delusional. Nobody is going to give a flying fuck about some crypto bullshit monopoly play money if the dollar collapses. If that happens, you better run for your life to the hills. Do you honestly believe bitcoin is going to save the world from societal collapse following economic collapse? if so, you should really see a shrink. The ONLY thing bitcoin does well is serve as a betting tool, nobody in the real world uses it or gives a shit about it. The fact there is no way to reverse a charge or appeal to somebody in the event you get scammed is reason enough it will never be a major currency - let's not even get into the issues of scaling to any real usage vs transaction time. Btw, this uptrend is very low on volume, I seriously doubt it will continue without a correction. Who said anything about a dollar collapse ... think about a systemic monetary lock-up scenario where SWIFT gets hacked in a retaliatory cyber-strike by Iran/China/Russia for being shut out by bully-boy USA/UK/Israel axis. Which system are you going to use for global bank settlement transfers on the day SWIFT can no longer be trusted? |
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You need to learn macroeconomics. thanks for your opinions ... if they were rare ( or even correct) they might be worth something, indeed you are prolific. You're welcome to try to refute Michael Pettis (PhD professor in China) who has been consistently correct in his predictions on China while being the skeptic that everyone thought should be ignored. Now he is respected because he was correct all along. Read his blog so you won't be so ignorant...or remain blissfully Dunning-Kruger as it is your prerogative. Try not to be such a tosser ... as from past experience a debate with you is worthless, to both sides concerned, good luck. Michael Pettis is knowledgeable on bitcoin mining? There is no debate, Chinese miners are killing it, that's all you need to know ... nothing in chinese macro-economics is going to change bitcoin mining in the foreseeable future, you're just out-to-lunch crazytalking again, seeking out conflict? |
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You need to learn macroeconomics. thanks for your opinions ... if they were rare (or even correct) they might be worth something, indeed you are prolific. |
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Wow OP, some serious daddy issues you got there.
... the response only a truly captivated and perverted mind could muster. Pity for you, one day you may break free from your mind-chains. |
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Going to move a bunch of USD to Bitstamp... define a "bunch" ? |
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Smells like a lot of hurt white Western butt in here because they couldn't build computer hardware better, faster, cheaper than the chinese. Western white males measure themselves on technological success and they are getting pasted on the bitcoin hardware stakes so far ... time to up their game if they want to stay competitive. Harden up dudes.
Is this technology or more manufacturing brute force. China is leading as they can turnover and make the cheapest hardware fastest which leads them to immediately use it for mining advantages. But yes the West has lost of its great past in skilled manufacturing Saw this posted, seemed a very well balanced discussion on progression of the bitcoin difficulty vs miners etc https://www.youtube.com/watch?v=ieP8kxaklUkThe technology of mass-production manufacturing is THE race, for now anyway. Who knows bitcoin itself may have originated out of an Asian mind ... not that it matters. I just find this whole "Chinese miners winning wah-wah" so whiny and unbecoming from the supposed technological elite of the West ... Silicon Valley was built on the back of the chip production hint: silicon makes chips, not hard to see where the future lies. If you can't build it you don't deserve it. |
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I found this thread interesting but the lack of foresight (and hindsight) was troubling. 1 bitcoin = 200k dollars Can happen easily but will be difficult to predict when. 200k is ~450 times current valuation. 5 years ago bitcoin was around ~$1 ... so today's valuation is 450x that. Also it doesn't take 450x the current number of individual bitcoin hodlers to adopt but 450x of existing value to adopt, e.g., the vast majority of the world's liquid wealth is held in very few hands. It does however have to support the inflation rate balancing with fresh value demand, at 12.5 per block (after halving) 200k/per btc is ~$360mio per day so probably not happening until at earliest 2 more halvings for a stable $200k valuation. For reference current value expansion of bitcoin wealth is ~$1.6million per day and price is relatively stable (appears to be undervalued even). The rate of new value entering bitcoin essentially sets the price, balancing with demand of value to leave into fiat. But value is an ephemeral, abstract concept that can change on the whim of the fickle human crowd mind so in the end difficult to predict when such an inverse Minsky moment of bitcoin may arrive. |
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and letting the monkey out of the cage. https://www.youtube.com/watch?v=7YQgp5FW7Z8Once you are out in the free bitcoin world there will be no-one to feed you ... but look around, the fruit is there for the collection. |
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Charts are repeating an old trend. And expectations are that this bull market is about to be fueled by the coming halving... one more major buy signal andcwe will move back towards ATH...
Hate to go full bulltard, but i have not converted any btc to alts for over a month now, and im going full BULLTARD!!@
good call ... and you are right the market is looking for a new floor because 400 was too low for half the coin supply. unfortunately the movement to find the new floor could be quite rapid and volatile and drag in new demand or cut off old-coin supply on rising price expectations so leading to a search for a new ceiling. |
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now how many sold-out XT, Classic, UL bulls are now lining up to buy back in  hope they can afford the fees for when the blocks get full for their rally-chasing purchases |
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ruh-roh ... Satoshi has decided to let the monkey out of the cage for the weekend ... should be fun.
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A chart that should make bitcoin permabulls jealous:
really?? bitcoin permabulls have zero jealousy ... AMD is a good company besides (build best APU integer chips going ) |
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Weekend bull run out of china could make things interesting happening at this juncture.
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