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441  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2019, 01:26:52 AM
For this special hour of panic on WO, a true story:
Two days ago I stopped at the only stoplight along a rural beachtown drive just as the light turned red.  As if it was aware of the opportunity to use a crosswalk, and with precise timing, a small snake about the size of a common garden variety slithered out onto the road before pausing half way across.  Being familiar with most of the harmless local snake folk in this area I decided to usher the critter across the road to safety ahead of the next green light.  I dismounted my motorbike and approached the snake in a calm manner. Just as I were to take my final pace, the snake turned on me, arched its neck in recoil strike pose and sprung open a previously invisible hood which suddenly made its head appear 3 times larger.  OH SHIT, COBRA!  I froze at less than a meter between us and stared down at my feet wearing the standard $2 flip flop sandles afforded by the natives.
I couldn't move my feet for fear it would be the final trigger. There was 50/50 odds of a successful strike from that short distance.  I could hear other motorists laughing or maybe yelling something at the scene from the stoplight which made me immediately feel like another stupid white tourist far out of his jurisdiction. After a few seconds in lock with the cobra, the light must have turned green and a vehicle slowly passed behind the snake which drew its attention and recoil towards the moving object.
I jumped back with relief and GTFO. The cobra carried on calmly and safely to the other side of the road however, sadly Honey badger courage did not show up on this day. Sad   This would be my first and only encounter with a cobra in the wild of which I clearly was unprepared for.  
Extrapolate what you will in regards to BTC visions and parable. Nothing has changed.
HODL
442  Bitcoin / Bitcoin Technical Support / Re: Advice on Raspberry pi hardware for running full BTC node on: December 16, 2019, 02:32:15 AM
I've downloaded core 0.19.0.1 files and extracted them to my Rpi desktop but I'm having trouble running bitcoin-qt. The readme files point me to run bin/bitcoin-qt but when I click it ask me which application I want to use and gives a list of options that don't seem right.  What do I do to run this or get core setup?  


Looks like you attempt to open the blob/binary of bitcoin-qt. What you should to are :
1. Make sure bitcoin-qt have execute permission (right click bitcoin-qt from your file explorer and see option to make it executable)
2. Try to run it with command

Code:
cd /path/to/your/bitcoin/qt/file
./bitcoin-qt
Didnt work. it says no such file or directory.
I tried with both Linux files from core. Linux (tgz) and ARM Linux file. Both were extracted to a folder on the desktop. Permissions are set to anyone.
Am I using the correct files?
443  Bitcoin / Bitcoin Technical Support / Re: Advice on Raspberry pi hardware for running full BTC node on: December 15, 2019, 02:15:19 AM
I've downloaded core 0.19.0.1 files and extracted them to my Rpi desktop but I'm having trouble running bitcoin-qt. The readme files point me to run bin/bitcoin-qt but when I click it ask me which application I want to use and gives a list of options that don't seem right.  What do I do to run this or get core setup?  
444  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 15, 2019, 12:48:01 AM


Ouch... Though I don't prefer to be the bringer of negativity, bitcoin is among the highest of the high-risk investment category. If there's a market sell-off, BTC, now inexorably tied with Wall Street, will be one of the first assets to suffer a major sell-off, as big-time investors (however ironically) plow their money into cash.

- stocks go down
- dollar becomes stronger
- Fed prints dollars
- stocks go up
- a bubble pops
- stocks go down
- dollar becomes strong
- Fed prints dollars
- stocks go up
- etc.

Apparently they can just keep doing this forever, and the cycle will continue forever... I'm not wrong until proven otherwise. The dollar is the worst form of currency except for all of the others, BTC included.

The case for BTC being some sort of alternative store of value to the dollar just isn't there yet, IMHO. Speculators have to get out first, which as we all know, isn't happening any time soon.

Ouch, that does sting a little. The real fear comes with a second drop below 6400  Cry
445  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2019, 11:40:12 AM
Gotta weed out the dolla-dollar bill chasers from the more principled.

Since there's zero inherent use case for a Bitcoin - a completely temporary, transitory, imaginary, valueless timestamp as opposed to gold and silver you can actually use for things, or fiat that you can set on fire to keep yourself warm - the dollar bill chaser might theoretically be the more principled one.
Трусики поменял?
Nyet
446  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2019, 09:46:16 AM
The defining words of this cycle will be: patience.
Somehow I know that's true. Gotta weed out the dolla-dollar bill chasers from the more principled. Will it get ugly or just long and boring?
447  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 13, 2019, 11:53:56 PM
Confirmed new hash for the straight lot in here.
#nohomo
#nohomophobia
&
#assphobia

One whom is deathly afraid of penetrating the depth of the tar star.
https://www.urbandictionary.com/define.php?term=assphobia

I think most or many straight identified males fall into this category, myself included but apparently we're missing out on the magic of perineum stimulation according to my more adventurous friends.
Still working my way up to #assholetannery
Bitcorn lookin for a small gain, now $7255
448  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 13, 2019, 01:20:56 PM
If I have to summarize this year, I would say that once again  Bitcoin has proved to the world that the claim that the 2017 bubble had burst, was not true. Although in early 2019 the price hit $3,100, a gradual growth began. This growth naturally reached $14 000, i.e. 70% of previous ATH,  without the help of mass psychosis from an upcoming event. This proves that in 2017 Bitcoin experienced a natural cycle of growth, with a demand-supply ratio at the core rather than some global "tulip mania". The slow decline to $7 000 in 6 months after the AYH, compared to the many quick and steep crashes in 2017-2018  only confirms that the price is in the process of stabilization, before the next bull cycle begins/resumes.  

Well said, I stand behind that.
449  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 13, 2019, 04:37:47 AM
Christine Lagarde speaking for European Central Banks on digital currencies today

Quote
My personal conviction is that given the developments we are seeing, not so much in the Bitcoin segment but in the stablecoins projects - and we only know of one at the moment but there are others being explored and underway - we better be ahead of the curve if that happens because there is clearly a demand out there that we have to respond to.

https://twitter.com/i/status/1205225680453210112

Haha, "ahead of the curve". You're only 11 years late, maybe nobody will notice. SMH
She fails to get that Bitcoin enables any 'stablecoins' existence in the first place.  Perhaps its good that she at least mentioned Bitcoin.
Here comes the stablecoin world  Roll Eyes
450  Economy / Speculation / Re: Q4 -Quarter 4 speculation thread, where will 2019 end, join the LIST on: December 13, 2019, 01:44:23 AM
For the interested .....

We are closing in to the end of Q4.....

Now I do like those lists games but maybe wanna do a completely different thing or a similar thing or whatever, if someone has some good ideas please share them in this thread, I would like to work around the halving event next year, I had in mind a game that end like a month before the event and the highest price from start of the game, or highest price in the last 2 week of the game or at a set date or.....??

Then maybe later on an similar game for after the halving....

Also I would like to make a side competition like the Haiku’s but something different this time, if any ideas....

I know there are many more creative people in here as myself so share some thoughts thx

Also maybe is it better to exclude some new members or verily low activity/merit/account farmers and how to do or how to approach this matter?
I like your games and winner take all is traditional but what I saw from Theymos's art contest is that because the winnings were divided also subjectively based on his opinion, many more participants took entry and there were many winners. It felt like a real success.
Maybe a game which has multiple winners and more chances to win however the total winning amount could remain the same and be divided. . Something like, players would need to make 3 guesses to compete,ie. 1.Guess the UTC time and date of the halving, 2. The closest price guess at a chosen time, 3. and perhaps even a subjective allocation such as your idea of Haiku's of which could be voted upon in a poll by the players. You pick your favorite 10 and we vote.   
That's my 2 satoshis,  Thanks again for the games
451  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 12, 2019, 08:55:04 PM
Somebody wants cheaper prices.  Bottom is nearing.
Quote

"Too difficult to use, too easy to hack, way too easy to lose"—Mark Cuban says there is "no chance" bitcoin becomes a reliable currency
https://twitter.com/ForbesCrypto/status/1204440642845315072?s=19
452  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 12, 2019, 02:06:28 AM
Happy full moon! Today is the last full moon of 2019. For what its worth, like our oceans, we are governed by the rhythms
of planetary movement, our markets, our trends, our emotions and every aspect of our lives are subject to its influence.
Today is the height of the proverbial tides we've been building towards for the past 14 days. A new cycle begins now, and like the one before, we will again fearlessly ride the waves.
I feel some cause for celebration so tonight I will literally be riding the waves as the moon ascends in full one last time for the year.

453  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2019, 05:14:04 AM

I like this chico guy.

yeah, he distracts you with the 'just did a huge bong hit' manner and then drops bombs like a fuckin' B17 yo

The fight is off and Chico gets flamed pretty hard starting at 38:02
https://youtu.be/-V7EYkSqw7c
Pretty much a full stop on Chico after watching this.

Speaking of reputations, also watched Giacomo Zucco troll Richard Heart which was funny but then Peter McCormick sneaks onto the show and Richard tears him a new asshole. Dayyym, Reputatation stains, ouch.
https://youtu.be/RY1KoQXM-R0

Walked away with a slightly better opinion on Richard, less of one with Peter and a new like for Giacomo.

Help, I stepped in the poop!
454  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2019, 04:12:34 AM
This homeless guy lays out some information about tether and bitfinex finally collapsing...
Intriguing...
https://www.youtube.com/watch?v=B2Kn6GEBwaM
Again with a solid looking bit of research. Gonna have to put some more eyes on this dood!  Not ok with the title however. Anyone who suggests price movements in their vid title get a critical stink eye regardless of content.
455  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2019, 03:44:43 AM
Many positions in Longs ... Maybe the offer does not appear in the levels...

Quote
Someone is longing the hell out of bitcoin.

Source: https://twitter.com/zackvoell/status/1204406439160242177

Quote
While looking at the chart that Voell referenced above, it is clear that there is an inverse correlation between long/short positions and price movements, as long positions dived to multi-year lows in March of 2019 when BTC was trading at yearly lows in the $3,000 region, just before it began a massive rally up to $13,800.

Source: https://www.newsbtc.com/2019/12/10/bitcoin-longs-are-rising-rapidly-today-but-why-is-its-price-not-moving/
I've been watching bitfinex longs for awhile since it's the only dildo action out there but I'm starting to think that it may be more like a fishing lure than a metric to go by.
Too long, too strong and no other exchanges to compare by.  For these reasons I'm preparing more heavily for down and loading the exchange with fresh ammo compliments of Christmas shoppers. TYVM!
I'd be delighted to be wrong and perfectly ok to buy higher if price is convincing.
456  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2019, 02:53:20 AM
I am curious as to what is the price level (low or high) where 70-90% of WO sell the majority of their stake.


I'd say WO's are less likely to sell at lower prices vs higher ones. We are largely an educated lot with fundamental understandings. Entertaining the question of how to shake out 70-90% of the WO's, perhaps an extreme low around 1900 would shake the weak hands, over invested, dollar chasers etc.  then a sharp bubble like rise to 46K might shake out the long term hodl.  Perhaps in this scenario only the most hardened believers would remain however, we've already done 1,800 to 20k and many of us are still here so...
Personally, its not nearly as scary to consider much lower prices for BTC however it would be much more difficult to HODL if price goes up a lot and its believed that we are at the peak of another bubble. Higher prices have a much better chance of shakeout of WO's in my opinion.
457  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2019, 02:24:13 PM
For the sideways price doldrums I’ll tell a little story which led me to discover Bitcoin.
 
The tipping point for my entering Bitcoin ultimately came from the wake-up call I received on November 8th 2016 by India’s prime minister recalling the nations currency.  Prior to this event it had not occurred to me that a currency could overnight be discarded and replaced especially considering 1.35 billion people using it in a largely cash based society.

Interestingly, the year prior to this move, gold became very difficult or impossible to acquire in India, besides ready-made jewelry, bullion and grain were not available.  Hindsight would reveal the government’s cold calculations and capital control.  Many business persons whom I dealt with in India were forced to forfeit a significant portion of their cash holdings to “taxes” upon the exchange to the new notes if they could not prove how they acquired their savings.

Normally I like to carry a hundred bucks or so worth of currency from each country I intend on returning to in order to avoid poor exchange rates at airports but more for an overall easier entry at any hour. The promissory notes I still hold have become a reminder of why its important to own your own money.

India taught me that cash can, will and does go to zero regardless of any promise even when such promise is explicitly written and signed for by the issuing governance on the face of the note.

458  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2019, 11:08:39 AM
They promised us an X-mass price.....

The bastards are building the Death Star https://www.youtube.com/watch?v=3dW549Ohkxo

Thanks for that link.  I was surprised how well put together it is.
Also confirms my suspicions about Kelly Loeffler's intentions.  Seems like money and power almost guarantee a shady as fuck future.
459  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 09, 2019, 02:26:12 AM

^
Perhaps keeping it simple for the general audience.  Lots of folks will stop listening if they don't understand what's being said. He appeals to a large group of investors I'd imagine of which most probably won't understand mining.
460  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 09, 2019, 12:02:51 AM
Here's one for the play list. Tim Draper's 250K prediction for 2023, a Dec 31st prediction & a few more gems.
https://m.youtube.com/watch?v=H6Xz4luFb2c
Surely this guy has a massive book to talk and still seems genuine. Credit for being one of the first to call 10K.
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