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3181  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2019, 01:59:58 AM
Sharding is a rabbit hole and orthagonal to the concept/threat of tech companies printing their own global currency.  But I agree it is a deep rabbit hole for Facebook to fall down. 
3182  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2019, 11:28:29 PM

Facebook is so far removed from Bitcoin's values that I cannot see it as a competitor in our world.  

However, Facebook could start competing against banks.
wrong
State Sharding that is used by Chainspace, Harmony and Ethereum 2.0 is the future

no, right of course, in the sense that they'll lie to their customers, lose a lot of other people's money and no one will punish them for it
and there is where the blockchain needs to come in and show the fraudsters who is whom by the transactions to each person, unfortunately this will probably be the biggest thing from those said fraudsters to go ahead and allow it to replace standard high amount fund transferring.

No one is under the delusion that Facebook will create a decentralised form of money.  But they could compete effectively with USDC and USDT.  Call it USDF.  Maybe Facebook partners with Western Union and they create USD FU
3183  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2019, 10:58:22 PM

Facebook is so far removed from Bitcoin's values that I cannot see it as a competitor in our world. 

However, Facebook could start competing against banks.
3184  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2019, 10:51:40 PM
Just created myself a $100 shitcoin fund on binance.

If you absolutely have to buy shit coins, at what appears to be the bottom of the bearmarket is probably the best time to do so. 
3185  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2019, 10:49:34 PM
I have one personal Localbitcoins story, in this regard.  About a year ago, maybe a little less than a year ago, I had conducted a cash transaction for about half of a bitcoin around $7k.  For some reason, I had miscalculated and gave the person $600 more than what was the current price (So in that situation I gave the person $3,800 rather than $3,200 - something like that). 

I caught the mistake about 10 minutes after the transaction, and after the person already had left the transaction location with the extra $600 that I had given to him.  Neither of us had intended such a situation, he acknowledged the mistake, and after I repeatedly texted him, and even offered to go to his location to retrieve the $600, he did not do the right thing of returning the $600 to me. 

He also began to call me names in what seemed to be a kind of rationalization for him to keep the $600.  Anyhow, I consider that person to have been a regular person, and even that he had rationalized in his own head that he was correct to keep the extra $600 that I had given to him (windfall), but I still believe (my assumption that people who you meet in person are usually honest) only a minority of people would have kept the $600 in that particular situation... but the real test remains getting into the situation, and test of character about whether you personally do the right thing when given an opportunity to nearly anonymously profit.

Perhaps I am cynical.  But I think the average provider on LocalBitcoins is, how can I put this delicately, statistically less likely to return $600 than the average person in the street. 
3186  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2019, 10:43:45 PM
5.0 is pretty standard for a full strength.

But 8 pints is 13.5 bottles.  I would be face down on the floor long before that.
3187  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2019, 10:39:20 PM
Do you know what the alcohol content used to be?
3188  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2019, 10:33:43 PM
https://ethereumworldnews.com/bitcoin-halving-trigger-price-growth-prominent-trader/
...
the analyst claimed that as “Bitcoin has traditionally started pumping around one year on average before it’s halving date.” And as the next issuance shift is slated to occur during May 2020, BTC could begin trending higher in May.
...

More like 8 months prior than 12 months. So October / November.
3189  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2019, 10:31:48 PM
I don't have anything at all against Stella as a beer. I buy it often enough, and quite enjoy the beverage.

I object to Stella’s slogan “reassuringly expensive”.

In other words, they think their price a rip off.

Stella has since moved on but I haven’t.  Probably says more about me than about them.
3190  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: February 04, 2019, 09:34:42 PM
Always welcome guys and if you need any help drawing Fib ratios for your hash rate just sing out
3191  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2019, 04:12:38 PM
There are plenty of reasons to be optimistic.

World population is leveling off at 8.7 billion.   Education helps, a lot.  Especially educating and empowering women.  

Tech is moving incredibly fast.  Our information management skills are currently growing exponentially.

Environmental values are being heard by politicians including in repressive states like China. 

If you want wide open spaces try Siberia, Northern Canada, interior of Australia, North Dakota, Pacific Ocean etc.

No crowds there.  
3192  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: February 04, 2019, 10:24:07 AM
Bitforex *might* be legit.   

I counted about 2,000 Grin traded last hour and they are reporting 100k per day which is an average of 4K per hour.
3193  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2019, 08:34:15 AM
Or maybe a spoon

https://youtu.be/wY6insZjCfU
3194  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2019, 07:38:47 AM
freekin vanilla Kailua

Definitely a fork
3195  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: February 04, 2019, 07:31:28 AM
 1700 Grin wall at 0.00155.  

Edit: 1400 gone in a single bite.

3196  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: February 04, 2019, 05:06:11 AM
Good volume fight between bears and bulls at 0.00153.  Price decline has flattened for now. 

Looking for upwards momentum to build. 
3197  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2019, 04:35:26 AM


Is there some kind of utility in retweeting (recirculating) such nonsense?

It’s a joke.  Pick the wrong metric and get a nonsense result.  

To be fair, you probably need to be a native English speaker to know that it is a joke because the nuance of the wording “that is a lot of coins” is a bit hidden. Which makes it funnier because it is pretending to be serious. But yeah.
3198  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2019, 03:44:02 AM
3199  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2019, 03:22:04 AM
Apart from the one idea about attempting to spend as many bitcoins as possible before death, there's going to be a lot of this loss of coins through death happening, which is a little bit problematic for intergenerational maintenance and passing down of value... even though the overall loss of coins is bullish on the BTC price due to increased scarcity.

It's a dilemma. Do you relinquish control and permit your funds to be spent without your express permission, or do you maintain that control but recognise that your stash will die with you.

You generally shouldn’t try to control things from beyond the grave (notable exceptions being dependent vulnerables such as children who cannot make their own decisions or pets)

Make up too many stupid rules and it just ends up getting litigated.

Note that Yefi is not referring to what a guy (or gal) does after being dead, but instead trying to figure out what to do before dying, in terms of putting that information out there that could end up being compromised (spent without your permission).

The article was talking about a multi-sig deadman’s switch but ok, my comment was misplaced.

I feel that if you can’t find people in your life that you can trust with your life savings then you need to work on your relationships.  Appreciate those in unstable marriages may disagree but that’s kinda the point.
3200  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2019, 03:20:27 AM
Now would be an appropriate time to put pressure on Vessenes by other means.  Lean on his board of directors and VCs.  Organize a boycott of New Alchemy. Go after the ICOs on his platform.

Not that it’s anything to do with me.  Not my dog in the fight.
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