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4061  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2017, 07:22:05 AM
That's what I want:

https://youtu.be/DmeUuoxyt_E

Well, not that much, but hey, one can dream...

Haha. You know how YouTube puts up ads before your content plays? I followed your link, and was met with an ad for Cascade Paper company. Shots of smiling factory workers working in friendly collaboration, running finely-maintained production machines, cranking out huge volumes of ... ...
...
wait for it ...
...
Toilet Paper!
4062  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2017, 07:13:53 AM
Guys, i can´t comprehent my sudden wealth, please help me.

This no joke. It´s probably, because i have no use of lambos, don´t know . . .
This is an interesting problem. Not quite sure what you should do other than buy a 70 foot tall grain silo, fill it with gold, and go swimming like scrooge McDuck.

Haha. You know what I find one of life's greatest pleasures? First thing in the morning, opening up a canister of preground coffee -- something as pedestrian as Maxwell House is just fine -- sticking my nose in, and taking a deep inhale. Brrr... Makes my eyes pop, the capillaries in my face dilate, and the hair on the back of my neck stand up.

AAR... all y'all may have heard of Celestial Seasonings Teas. Their factory is not far from me. One of the options for an 'out-of-town vistors' activity is to take them on the tea tour. While you get to see the fine artisinal methods of reducing vegetation into homogenized, single-serving doses, the apex of the tour is the visit to the mint room. They shuffle the crowd rapidly into the room where they store the mint, hastily close the overhead door, and shut out the lights. The immediate effect is confusion - followed within seconds with the sheer overpowering sensory overload of being in an atmosphere with a specific gravity weighted with mint oil as an airborne aerosol. It is truly an amazing experience.

So... putting these together! Some years ago, after these two experiences gelled in my mind, I came up with the idea of the coffee room. Maybe a cubic yard of ground coffee shin-deep in a small enclosed but comfortable space.

Yeah, that's the ticket. That's gotta be eccentric millionaire worthy. No?
4063  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2017, 01:16:48 AM
you guys really think that this will go on forever? What when the whole US population has a wallet on Coinbase? IMO what is happening is just because almost no alts can be bought for fiat, so bitcoin is a forced step both to get in and out of alts. That's why it's pumping for the double effect of fiat inflow and alt dumping.

At some point some alts might well get traction. Just a matter of time.

Possible, but unlikely. What the average person on the street hears in terms of crypto:

"...bitcoin bitcoin blockchain bitcoin ethereum bitcoin drugs blockchain bitcoin money laundering bitcoin bitcoin bitcoin..."

No, probably won't go on forever. Indeed, once everyone is in, there is pretty much nowhere to go. But we're orders of magnitude away from that.
4064  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2017, 01:04:15 AM
grasping...

https://blog.bitgo.com/bitgos-segwit2x-plan-bb8f17e972d3
Belshe's plans

also nb: During this period we’ll be doing two things:  1. Isolating BitGo’s coins ...

inadvertently (?) admits the coins are his if they're on his exchange/wallet

That's not what I get out of it:

Quote
At the time of the fork, BitGo will begin a process of double spending (via RBF) some of its own coins to isolate them onto each chain.
...
Isolating BitGo’s coins onto each of the two chains for replay safety, as described above.
...
All transactions will include split coins from BitGo, and will therefore mitigate the risk of spending on the minority chain.

They're obviously describing a process where they mix some post-split coins with transactions funded by pre-split coins in order to provide replay protection. Can't do that without post-split coins. For which they will use their own. Not putting customer coins at risk for the minimally-yet-somewhat risky operation of being split by timing onto chain.

Of course, if you have evil in your heart, you'll see demons lurking in every shadow.
4065  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2017, 10:23:11 PM

Trouble is if your account is hacked you need to come back as a newbie. I am one of many even though i could prove ownership of my original account through bitcoin signing the admins didn’t even rrspond once to my many inquiries.

That is troubling. Had you previously registered a Bitcoin addy with your profile, from which you could sign a statement? And if so, did the mods just ignore ?

Yep. Not a peep from Theymos or Cyrus.
This was the link I sent to them
https://bitcointalk.org/index.php?topic=996318.msg21177226#msg21177226
And the message I sent them was signed with the same BTC address.
Go figure?

Shameful. One more reason to look for another venue, I guess...
4066  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling on: November 02, 2017, 07:06:42 PM
I'm also interested in Bitcoin Cash. What is website?

You're kidding, right? It is listed in literally the very first sentence in the first post on the first page of this very thread.








::sheesh!:: Never before have I thought of Oompa Loompas as slackers.
4067  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2017, 06:43:32 PM
I am a little afraid to say this, but I have a 401k plan that has a really decent amount of money in it and more than 15 years of building; however, in early 2017, my BTC investment was on parity with it and even surpassed it and even now is getting to be like 4x the value of my 401k plan with way less amount of money placed into bitcoin over a much shorter period of time.

https://www.broadfinancial.com/self-directed/bitcoin-ira/

#justsayin'



Can we please close this thread for newbies.

::le sigh:: I miss newbie jail.



Trouble is if your account is hacked you need to come back as a newbie. I am one of many even though i could prove ownership of my original account through bitcoin signing the admins didn’t even rrspond once to my many inquiries.

That is troubling. Had you previously registered a Bitcoin addy with your profile, from which you could sign a statement? And if so, did the mods just ignore that?



The question should have been:

How Many Lambos COULD You Buy Now if you wanted to?

I dunno, what's a Lambo go for? Not that appealing to me, so I have no clue.

Not like I'd tell anyhoo...

Hey - who here remembers Goat's Lambo? Or his 1,000 BTC Casascius coin, for that matter Smiley



Meanwhile.....
WTF is going on with that other coin??!!

Just a warmup for mid-month. Plan accordingly.



Lambo & porsche, it's for "old people" ... actually.

Of course - whippersnappers be broke. <g,d&r>



4068  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: November 02, 2017, 05:08:51 PM
LOL  It's all a gamble isn't it? Time will determine who comes out on top financially but, the "real" bitcoin will always be the original bitcoin.

There is no original Bitcoin any longer. That ship sailed years ago. The question is which of the current pretenders implement the properties of the original.
4069  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Gold : Make Bitcoin Decentralized Again on: November 02, 2017, 04:30:50 AM
I think this chart says it all. BGold seems just sooo unnecessary, just a jump on the fork-hype-train.

Hey. Whiner. Go peddle your other crapcoin on your own crapthread.

(kisses)
4070  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2017, 04:23:06 AM
Earth Roamer.

Haha. I routinely drive past their 'factory'. Cool stuff.




Sadly, it too will be immobilized by EMP. Other than that, it's one rugged beast.
4071  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2017, 03:58:47 AM


Got a source for that quote? No...? Thought not.

Whatchabitchenabout? 'source for that quote'!? It says plain as the nose on your face - Isaac Newton.

::sheesh:: some people's kids!
4072  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 01, 2017, 08:59:48 PM
Kids should be formed and conformed and built and not given free range or financial freedom until they achieve those formative objectives.....   There you go, and perhaps you heard it here, first?

No, I've heard it before. However, the idea that every person should be beholden to a lowest common denominator, when their individual capabilities and maturity is otherwise up to the task, smacks of the great social utopian interference. Ultimately dehumanizing of everyone.

Kids cannot be 'formed and conformed' without having them stretch their capabilities and responsibilities. Some are ready sooner than others. And entrusting them with such accelerates their proper development.

Blanket statements are folly. That is all.
4073  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 01, 2017, 08:53:56 PM
 but, jbreher, your kind words and "help" are "always" (loosely interpreted) welcomed and appreciated.    Wink

All in good fun, good faith, and good will, my esteemed colleague.
4074  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 01, 2017, 08:52:15 PM

And I'm a not-yet-rehabilitated goldbug.

That's pretty interesting. How many BTC have you traded over the years into Gold?

Zero. I'm sitting on a stash of PMs accumulated before satoshi. Of course, I've bought a few token commemoratives since then (e.g., when buying similar as wedding gifts), but I've always paid fiat.

Quote
Also you just said in other post that you are already on your path to retirement soon. Have you already extracted/diversified enough from Bitcoin to other more traditional investments or are you just counting on doing it later?

I've been on a path for suitable 'normal' assets by retirement age for decades. No, I don't have enough to meet my target if Bitcoin vaporized. And I'm kind of an old codger anyhow, so I need to be buttoning that up. But I can't seem to diversify significantly out of Bitcoin - I expect at least one more ten-bagger (maybe two) out of it in the next several years. Hard to walk away from those kind of returns.

As I've said before, I occasionally play the volatility, often ending up with a bit bag of stinky fiat. I use that as I see fit. My newly-bought 35 acres of paradise could be viewed as an investment. OTOH, I drive a beat up 20-year old van. Go figure.
4075  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 01, 2017, 08:43:41 PM
Am I going to get another coin for each BCH I hold??  What is this one going to be called?  Is this why the price increase of BCH lately?

Much as S2X is marketed as an upgrade to S1X, the new Bitcoin Cash fork is being marketed as an upgrade, not a fork. It may be instructive to note that there are other coins that routinely upgrade through the hard fork process, without hiccups.

So the intent is that everyone migrate to the new upgraded Bitcoin Cash protocol, and the old protocol dies an instant death. So no, no doubling of coins for you.

Of course, the devil in the details. While this seems less controversial in the Bitcoin Cash community than S2X seems to be to the Bitcoin Segwit community, we don't know until we're looking at it in the rearview mirror.

I am optimistic, albeit ever so slightly anxious.
4076  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 01, 2017, 08:35:30 PM
An 11 year old should not have full title to bitcoin that was "given" to her.

You gotta build character in her first...

Otherwise, she become SPOILT BRATT, if she already NOT one. 

Jaysus, JJG - tend to your own garden, willya?

I know eight nine year olds with responsible full discretion over their Bitcoin. Hell, my granddaughters already have liquid assets larger than the average adult. Thanks to Bitcoin Smiley

https://www.wsws.org/en/articles/2014/02/04/cfed-f04.html
4077  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 01, 2017, 08:26:34 PM
Are you really talking about Bcash, or are you referring to segwit2x, especially since you are mentioning a "2 week timeline"?

Newsflash: Bitcoin Cash will undergo an upgrade on 2017 Nov 13 in order to 'fix' the EDA (for which it has been so widely derided).

Do try to keep up.
4078  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 01, 2017, 08:23:02 PM
The entire Bitcoin marketcap, in comparison, is just the money needed to absorb just a few months of the global gold mining production.

Aye. Well, if you consider eight to be 'a few'. And three years ago, Bitcoin's market cap would have absorbed 'just a few weeks of the global gold mining production.' The trend is my friend.

OTOH, the trend hates you.

Wink

It's still "weeks", if you don't bother counting up to 39

39? Remedial math much? Bitcoin has done a ten-bagger from the time I reference (i.e., three years ago - @ ~$10B). The weeks are a few from your own figures

Quote
Every year... 146.25bn USD.

Lessee... 146.25/52 ~= 2.8B $/wk, $10B/2.8B $/wk ~= 3.5weeks. Considerably closer than eight.

Again,  The trend is my friend.

OTOH, the trend hates you.

Wink

And I'm a not-yet-rehabilitated goldbug.
4079  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Gold : Make Bitcoin Decentralized Again on: November 01, 2017, 08:13:39 PM
Why the fuck BTG is supporting ASS SHIT pools and ASS SHIT wallets that people dont know? Why not support suprnova, ccminer? Why not support https://wallet.trezor.io  https://www.exodus.io/eden/ http://www.ledgerwallet.com ? You know.... the things that people familiar with. What is this fucking scam?

While I agree that it appears that only third-rate services seem to be stepping up to support Bitcoin Gold, I think you have the relationships exactly backwards.

There is no way Bitcoin Gold can force any service provider (e.g., wallets, exchanges, ...) to implement Bitcoin Gold. Conversely, any service provider that wishes to can implement Bitcoin Gold at their option. Indeed, there is nothing Bitcoin Gold can do to prevent them from doing so.

Given that fact, it may be instructive to ponder why it is that only third-rate services are stepping up to implement Bitcoin Gold.
4080  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 01, 2017, 07:17:13 PM
The entire Bitcoin marketcap, in comparison, is just the money needed to absorb just a few months of the global gold mining production.

Aye. Well, if you consider eight to be 'a few'. And three years ago, Bitcoin's market cap would have absorbed 'just a few weeks of the global gold mining production.' The trend is my friend.










OTOH, the trend hates you.

Wink
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