If the Democrats refuse this deal, I fear we'll legitimately be facing a civil war situation. Based on what? Most people did not even register the shutdown (fully), yet alone getting up in arms about it. So far, it is seriously affecting about (0.8/325.7)X4(family size)=1% of the population. If markets go down 1000-2000 points in one session, then it would be another story. Take it easy, Bob. |
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Sideways, sideways
Whatcha gonna do, whatcha gonna do
When they come for you?
Modded to haiku 5-7-5: Sideways, forever Singing: When they come for you.. When they come for you? How you dare?!?! Your haiku has broken all the meaning of my masterpiece!  Respect art! Will ya? I thought that is was open source, lol |
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 via Imgflip Meme GeneratorGonna break my bitcoin boredom with Some LEBOWSKI shit  Good weekend WO’s Give me a weekendPUMP to drink uppon when I’m finish here  something is missing... a white russian, perhaps. |
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Sideways, sideways
Whatcha gonna do, whatcha gonna do
When they come for you?
Modded to haiku 5-7-5: Sideways, forever Singing: When they come for you.. When they come for you? |
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Bitcoin is a mechanism to transfer wealth from the impatient to the patient.
I am trying to balance the above with "In the long run were are all dead" quip. No regrets for any sell or buy. |
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A historic perspective on the last sharp bottom and a flat afterwards (circa 2015). 1. A post on the very bottom day: https://bitcointalk.org/index.php?topic=178336.msg10146987#msg10146987Well, they do panic during bottoms, indeed. 2. A couple of months later some people were already predicting better things (32K, not 20K, but it is close; JJG agreed, BTW): https://bitcointalk.org/index.php?topic=178336.msg10657883#msg10657883https://bitcointalk.org/index.php?topic=178336.msg10658020#msg106580203. by summer 2015 some gave up hope (for a bull): https://bitcointalk.org/index.php?topic=178336.msg11561452#msg115614524. others are cool... I am looking at you, LFC_Bitcoin: https://bitcointalk.org/index.php?topic=178336.msg11770952#msg117709525. then Stolfi came in to rub it in during September, 2015. 6. Then, the bull suddenly happened. It might not repeat, but I sure hope that it would rhyme with the last bull. P.S. i only looked at a few dozen posts or so, randomly chosen, just by jumping between pages. if you had a deep insight during that time about going to 20K in 2-2.5 years, please share. |
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Why two merits for this image? What am I missing here?  Going from hopeful optimist Bart to worrywart SpongeBOb explains some setups very well. I certainly have both mindsets fighting all the time (at least during bear; in bull, I am all Bart with a large doze of Homer). |
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Repost of a classic chart (source unknown):  Leading up to halving price starts to move. Maybe it's different this time. My major objection to that graph is that the underlying cause of cyclicality is obviously the halving process (so far). Considering that halvings are on the same four year schedule (or about), why would bull/bear cycles suddenly increase in duration at this moment in time? Secondly, that graph is internally inconsistent. If cycle duration is increased by roughly 40% in the next iteration, then why the bull period before the halving is not increased by the same proportion. last time bull started in Sept 2015, halving was in June 2016, so bull started 9 mo prior to halving. Applying 40% duration increase would give us roughly 12.5 mo or about April 2019 bull start, not October. However, IMHO, next bull would probably be the last one (or penultimate) driven mostly by halvings because at some point we would have to transition to a situation where miners make money mostly from tx and not from block mining. That could result (at some point) in a bear market being longer than preceding bull. Hopefully, it won't happen until ATH is 200K-600K. Plus, pretty please, with sugar on top, Mr Market, could you give us some time for distribution (on top)? All I ask is two weeks, tops....pleeese.....<Mr Market is silent> |
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Cryptopia's hack, Ethereum's fork delayed, ETF probably denied thanks to the shutdown, Bakkt maybe delayed to April... mehhh, no need to worry.  While I generally agree, let's not simplify things. Miners are experiencing stress (losing money) as we speak. BTC is running on POW, which is probably profitable in a fewer and fewer places right now. |
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https://www.telegraph.co.uk/technology/2019/01/14/russia-plans-tackle-us-sanctions-bitcoin-investment-says-kremlin/Russia is preparing an investment in Bitcoin to replace the US dollar as a reserve currency in a bid to tackle US sanctions, according to a Russian economist with close ties to the Kremlin.
Cryptocurrencies have seen a surge of interest in Russia, with President Vladimir Putin expressing interest in the digital assets in recent months. Mr Ginko believes Bitcoin and the wider cryptocurrency industry now account for 8pc of Russia’s GDP, and investment to bolster the country’s reserves with Bitcoin could start as soon as February.
“[The] Russian government is about to make a step to start diversifying financial reserves into Bitcoin since Russia [is] forced by US sanctions to dump US Treasury bonds and [take] back US dollars,” Mr Ginko said.
“These sanctions and the will to adopt modern financial technologies lead Russia to the way of investing its reserves into Bitcoin.”
Were those russian barts? Unlikely, but possible. |
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When I was younger I was able to sleep in the middle of a death metal concert. Now at my middle age, I can't stand a slightest noise. Not just while I sleep but also when I am awake. Sometimes I just want to strangle the people who talk way too loudly. I want to shout at their faces "SHUT THE FUCK UP!" Btw I bought some more today. Hyperacusis...maybe time to see a doc. Multiple causes. |
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if we where in SCI-FI
and there is an offer to watch 1 day in the future (whenever day you wish, just to see where BTC stands)
how much would you offer to pay for that and how far would you wanna look ?
10 Bitcoin for December 2021. thats a ver reasonable pick and depending on one's HODL, I guess it may cost very very much of it in %'s of that HODL amount ..I enjoyed the fun of you prompting some fantasy crystal ball thinking. I should probably think of paying more, but what holds me back is the (not necessarily rational) view that if the result showed that the price was around what it is now, I might kick myself. If I found out for sure it was going to be as high as I expect, it would be amazingly cheap foreknowledge, a fantastic opportunity. I'd simply sell all the liquid assets I have, borrow to the hilt and buy WAY more than I already am right now. Who wouldn't? To be honest, this week I have already started buying. Certainty would be the only thing that would increase it, as I have already started buying what some might deem reckless amounts. Within a couple of weeks I should have all all the BTC back I sold in Dec '17 and some. This is a risk/ benefit assessment based upon my gut feeling - which has more often than not been a good idea, as it is the same gut feeling that got me into Bitcoin in the first place. However, it is not a guaranteed thing. Knowing it was 'a cert' would mean an insane frenzy of buying all I possibly could. Of course if you only had a window into price in $ and NOTHING else, it would be an insufficient info, obviously. After all, people of Zimbabwe are not the richest, yet at some point each had hundreds of trillions or more of their $$. Nothing like this would happen in US, but it just shows that you need to compare $ values to the prices of goods. BTC never went to a price of the typical US/EU house. Will it? I would probably answer in the affirmative. |
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What are the hats in aid of?
To some, hats epitomize the reverse-(sans-culottes) of the 21 century... To others, it's like a club. To the rest, it is just a fun meme. Make a choice of what it is to you. |
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if we where in SCI-FI
and there is an offer to watch 1 day in the future (whenever day you wish, just to see where BTC stands)
how much would you offer to pay for that and how far would you wanna look ?
Maybe i already did; here it is (for free): I saw bitcoin at $605,000 in 2029The setup of my "time machine" The number of people in US with wealth over $5 mil (5-millionares) is increasing (1997-2015) at 11.35% a year. https://www.statista.com/statistics/300451/us-millionaire-households/Assuming the same rate of increase between 2015 and 2019, there are about 2.09 mil 5-millionares in US now and 5.067 mil in the world (US seems to be at around 41% roughly). It is unlikely that btc would cause statistically significant increase in total number of 5-millionares, therefore the variation from the expected number should not differ by more than 5%. In 2029 the total number of 5-millionares is expected to be 14.847 mil with 6.135 mil in US. A 5% variation from 14.847 is 0.74mil. Therefore, not more than 0.74 mil btc owners would be 5-millionares. It is fair to assume that btc-derived 5-millionares would have the vast majority of their wealth from btc alone, otherwise they would be in the regular 95%. The statistics below suggest that about 0.75 mil btc owners have minimally 7.44 btc https://medium.com/@BambouClub/are-you-in-the-bitcoin-1-a-new-model-of-the-distribution-of-bitcoin-wealth-6adb0d4a6a95Therefore, assuming that 90% of btc-owners wealth come from btc and not more than 5% of global 5-millionares would come from btc wealth in 2029, the numbers indicate $4.5 mil value (90% of 5 mil) for 7.44 btc, making it about $605,000/btc.Loved your analysis. I'll have another drag of that hopium bong please! ....paf pif pang wang.... you forgot to look at the starting line of discussion. it starts: "If we were in sci-fi..." The rest follows. Kapish? Just a nice playful weekend spirit, sorry. |
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if we where in SCI-FI
and there is an offer to watch 1 day in the future (whenever day you wish, just to see where BTC stands)
how much would you offer to pay for that and how far would you wanna look ?
Maybe i already did; here it is (for free): I saw bitcoin at $605,000 in 2029The setup of my "time machine": The number of people in US with wealth over $5 mil (5-millionares) is increasing (1997-2015) at 11.35% a year. https://www.statista.com/statistics/300451/us-millionaire-households/Assuming the same rate of increase between 2015 and 2019, now there are about 2.09 mil 5-millionares in US and 5.067 mil in the world (US seems to be at around 41% roughly). It is unlikely that btc would cause statistically significant increase in total number of 5-millionares, therefore the variation from expected number should not be more than 5% or so. In 2029 the total number of 5-millionares is expected to be 14.847 mil with 6.135 mil in US. A 5% variation from 14.847 is 0.74mil. Therefore, not more than 0.74 mil btc owners would be 5-millionares. It is fair to assume that btc-derived 5-millionares would have the vast majority of their wealth from btc alone, otherwise they would be in the regular 95%. The stat data below suggest that about 0.75 mil btc owners have minimally 7.44 btc: https://medium.com/@BambouClub/are-you-in-the-bitcoin-1-a-new-model-of-the-distribution-of-bitcoin-wealth-6adb0d4a6a95Therefore, assuming that 90% of btc-owners wealth would come from btc and not more that 5% of global 5-millionares would come from btc wealth in 2029, the numbers indicate an approximately $4.5 mil value (90% of 5 mil) for 7.44 btc, making it about $605,000/btc. |
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^You just need to have patience. Try logging out and back in and/or clearing your browser cache. I can see you are changing it but right now there is no avatar.
edit: the original avatar is back
sorry for being clumsy, but i uploaded the hat jpg file, yet it shows the original instead.
maybe the hat image actually consists of two, but they are not merged, or it is a silly explanation?I uploaded the right thing, so I'll just wait. Thanks again. |
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starting haiku Sunday (EU time);
mic's game is coming
someone is expected to win
this time, why not me
Wall Observer thread A young, slender frog lingers might be a gecko?  Avatar-sized  Fantastic and Sooooo inventive! Thanks a lot. Let me just get it and install. Somehow when i install the hat image, just the frog comes back, but not the frog on a hat together. |
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starting haiku Sunday (EU time);
mic's game is coming
someone is expected to win
this time, why not me
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3125
Comment:
0.125 btc? really, mic? wow
that's about 40-50X of what an average earth inhabitant can get if all btc would be equally distributed (but it won't be, so probably 100X of an average person's stash in 20-30 years).
its like game all lost count.... 5-6-7-8 didn't you participate in older ones and good its distributing  IF I WAS ANY BETTER I WOULD OF HAIKU SOMETHING .......... BUT PAST HAS PROVEN THAT AIN'T MY SKILL @ALL maybe i did, not in all though, but here is a haiku since it is technically Sunday (CET): https://bitcointalk.org/index.php?topic=178336.msg49201468#msg49201468^^posted the haiku in WO |
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