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3601  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 14, 2020, 04:00:20 PM
whats up with the mempool??

Hashrate @ath and still we are congesting?

Hashrate has nothing to do with how quickly we clear the mempool.

Well, I suppose if the recent difficulty adjustment was higher than today's current hashrate we could see block times slow down just a little... but that's also normal.

Difficulty is a tad too high, block times remain wonky. Somebody sent me a 4 sat/byte tx 2 days ago and it still hasn't confirmed :/

Forward it to me ad I'll check it out. Grin
3602  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 14, 2020, 03:58:54 AM

Maybe we are talking past each other or alternatively, maybe we can just agree to disagree to the extent that I am just going to repeat my point that the dynamics have not really changed in this cycle as compared with previous cycles including how much you might also have feelings regarding what the pulse of members of this thread might be, including whether honey badger gives any shits about what regular members of this thread might do.

Of course, there are always going to be people already in bitcoin that are anxious to sell out as soon as we even get close to our previous ATH.. just like that was true in 2015/2016 when so many HODLers were talking like desperate fanatics to cash out at or near $1k, including having doubts that the BTC price would ever return to $1k again and also arguing that they wanted to cash out before everyone else who was eager to cash out.  

How the fuck are they feeling after the BTC price went to $19,666 and they blew their load at $1k-ish under the belief that everyone else would be selling and the BTC price could not be supported up to those higher prices... furthermore, if they were planning to buy back later at a cheaper price, so far, they have been kind of fucked out of that and the best that they could have done was somewhere in the $3k's even though they might have been waiting for even lower prices, so they even failed to buy back in the $3ks..

How have those smarter than the rest of us theories about: 1) "the BTC price NOT being sustainable" and 2) "everyone is desperate to lock-in profits" working out?  Not so well, I would maintain.   Tongue Tongue Tongue  In other words, good luck selling all your coins around $20k and the same may be true regarding other price points in the 5 digits realm... even though none of these matters are guaranteed, there are likely opportunity costs and risks in trying to believe that you are smarter than everyone else and selling too much too soon based on such skepticism theories regarding what prices might be sustainable in BTClandia.


I think the point is to keep as much as you can for as long as you can and there is never a bad time to stack. Divesting is always a losing proposition no matter what price point you get.
3603  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 14, 2020, 03:31:15 AM
@mikeinspace
The road to 100K will be long & arduous for #Bitcoin  as each 10K rise is someone’s psychological top creating sell pressure and retracement. It’s easy to say you’ll hang on white knuckled all the way up but when will you lick the fiat boot... 20K? 30K? 50K?

HODL brother, HODL!
https://twitter.com/mikeinspace/status/1282862789812531206?s=21

That assertion from @mikeinspace is nearly pure bullshit.

It's like arguing that every $100 step from $200, to $300, to $500 etc was going to be painstaking while the BTC price was in the double digits in late 2012, and we know how that played out.

Also

It's like arguing that every $1,000 step from $2,000, to $3,000, to $5,000 etc was going to be painstaking while the BTC price was in the triple digits in late 2016, and we know how that is playing out.

In other words, even if we might experience some BTC price stagnation points and maybe even BTC price percentage increases that are NOT as outrageously extreme as they had been in previous cycles, there is no reason (beyond pure naysaying) to believe that the BTC UPpity price dynamics are NOT much different than they had been in those earlier cycles.. even if the waves are quite likely to play out in somewhat different ways (and we have seen that too, in each cycle, the waves do NOT play out exactly the same, even though the generally go in the same UPpity direction if we zoom out a wee bit).

He's correct about this. Most care about what they can buy and are not in this for the altruistic goals of economic freedom.

Quote
It’s easy to say you’ll hang on white knuckled all the way up but when will you lick the fiat boot... 20K? 30K? 50K?

A good portion of those in this thread only care about how much they can cash out for.
3604  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 13, 2020, 09:09:23 PM
JJ Grey & Mofro  'Brighter Days'
https://www.youtube.com/watch?v=mpXTK7HD2Ls

First time I've heard this, Great shit man!


above $10,200

That was my thought and why I chose Oct.

Well i was thinking more like 11k
3605  Other / Politics & Society / Re: Coronavirus Outbreak on: July 13, 2020, 08:48:53 PM
Oh no where forever will I get my treatments now?

Florida men charged with selling bleach as COVID-19 cure, threatening “a Waco”

https://arstechnica.com/science/2020/07/florida-men-charged-with-selling-bleach-as-covid-19-cure-threatening-a-waco/
3606  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 13, 2020, 08:42:27 PM
<...snip ...wtf?>

... get it?

 Grin

um ...nope, but that's just me...

Me2

In other news, ITS TOO FUCKiNG HOT!!!
3607  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 13, 2020, 08:37:38 PM
Another day, another bart, meh... I voted for August as well. We stayed at $9200 for too long, let's hope we will see some action in the right direction in July.

$9300 seems to be the resistance for the last few months.
Weird number.
3608  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 13, 2020, 06:42:42 PM
October  Shocked
3609  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 13, 2020, 01:48:38 AM
jbreher likes to pump them up too, I wonder why that is?   Roll Eyes Roll Eyes  He might want to chime his picnic bear ass into the mix, as well.    Cheesy Cheesy Cheesy Cheesy

He tends to support centralization and trusted third partys for some unknown reason.
Makes me wonder sometimes why he supports bitcoin?

Examples would be helpful in buttressing your claim.

You support Coinbase and BSV, do I really need to add anything more than that?

Yes, you do. Coinbase as opposed to what? Binance? BitFinex?

BSV as opposed to what? BTC? From a fundamental analysis they are exactly as centralized as each other.
So I have tried a few times to download the Coinbase app needed to sign up for the Coinbase debit card. Each time I get "This is not supported in your country".

I use a VPN to set my IP in the US so is it not supported in the US? Or is it somehow detecting that I'm really in Panama?

Also, I finally got around to filing my extortion papers for the IRS.

Getting married helped keep me from needing to pay any taxes.

Land of the free...where you have to file your taxes even if you haven't stepped foot in the country all year.


BREAKING: Coinbase is selling blockchain analytics software to the US Secret Service

https://www.theblockcrypto.com/post/71261/coinbase-is-selling-blockchain-analytics-software-to-the-us-secret-service
3610  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: July 12, 2020, 07:33:52 PM
In other news; I read in a local rag recently that Belichick is writing off a quarterback this year because he anticipates an opportunity to trade for Garoppolo before the 2021 season. 

Interesting thought as the Pats are not known for paying the big bucks so it would depend on the size of the contract.
3611  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 12, 2020, 04:24:06 PM
Firstly, it's interesting that the US, per head of population (one node per million) actually has less than many European countries.  Germany is 3 per million, Finland is 12 per million - even little Iceland has two nodes - one per 150,000 people.

Concentration in areas or cities is more interesting.  In the USA California on its own has more nodes than most countries (56) - more than the whole of China or Russia - which is perhaps not surprising.

Lets not forget that you can have a node anywhere that servers are rented, I had one in one of the Slavs (forgot which one) because it filled in a gap.
3612  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: July 12, 2020, 03:40:13 PM
Looks like we have six members interested in a fantasy football league, we're 60-75% there.

Here're the members who expressed interest so far:

@figmentofmyass
@nutildah
@bbc.reporter
@South Park
@tyKiwanuka
@DireWolfM14


I'm calling out some of the members who were active in the Essential NFL thread throughout last season.  Maybe we can entice two or four of them to join as well.

@Hueristic
@wheelz1200
@DaveF
@Gyfts
@rdbase
@ralle14
@morvillz7z



Shit I didn't even know about this thread!

I'm in but only if it is a NON PPR format.

I've played in a few leagues and PPR ruins it for me, I feel it takes alot of the fun of finding new talent completely out of the equation.


Looking forward to my Pats getting their Asses reamed this year! Grin Grin Grin


Thanks for the ping @DireWolfM14, not sure how i missed the discussion but you can count me in.

I think we can get 10, but if we need 1-2, i remember ChiBitCTy had a fantasy league going on, maybe some of those guys might be interested?

I was in that league (it started as the Monero league) but they went full PPR last year so I didn't play.


Just an FYI guys after playing in a few leagues I've learned that you should make a rule that this is an invite only league so a few straggler accounts that collud cannot just join. Its a shame but there are lowlifes that will ruin a good league for a few pennys.


BTW, My absolute most Hated QB is Cam Newton. I literally could not have picked a qb I would want less on the Pats!
He has no clue what the word team means.
3613  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 12, 2020, 03:27:04 PM
Top to bottom it's usually about 80 - 85%.

So:
$150K top - $22.5K - $30K
$200K top - $30K - $40K

Nor top nor bottom matter that much. After last ATH in Dec 2017, Bitcoin was less then 3 months over $10000 and a bit more then half year under $6000. For almost 2 years was $6-10k.   So in 3 years time we will most likely complain about $50-100k Bitcoin price. What the hell is wrong that it dont move up?

Derivatives.

But they can only hold it back for so long.
3614  Other / Politics & Society / Re: Post Your Favorite Trump Memes Here on: July 12, 2020, 05:12:41 AM
3615  Other / Politics & Society / Re: Post Your Favorite Trump Memes Here on: July 12, 2020, 05:08:10 AM



Shit I could do this all night!   Lol
3616  Other / Politics & Society / Re: Post Your Favorite Trump Memes Here on: July 12, 2020, 05:06:33 AM




3617  Other / Politics & Society / Re: Coronavirus Outbreak on: July 12, 2020, 04:58:02 AM
Hey antimaskers... your idol caved in, time for you to get on with the program too.




3618  Other / Politics & Society / Re: Post Your Favorite Trump Memes Here on: July 12, 2020, 04:56:20 AM
Have fun, this one writes itself.

Way ahead of you: https://bitcointalk.org/index.php?topic=5220206.msg54776832#msg54776832

Granted it wasn't a meme-thread-worthy effort but really just the facial expression is meme enough.

Hah, thought I was going blind when I first read this. Had yo go back and check this thread. Doh Cheesy




How about this...


3619  Other / Politics & Society / Re: Post Your Favorite Trump Memes Here on: July 12, 2020, 04:15:10 AM
Have fun, this one writes itself.

3620  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 11, 2020, 04:48:57 PM

cat comes home for tea
4h



cat comes home for.... WHAT??  TEA?Huh

nope nope nope nope nope

white russians only



Black Russians matter too.
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