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5281  Bitcoin / Mining support / Re: Antminer S9: Am I Better Off Using a Step Up Transformer or 2 PSUs? on: February 16, 2018, 05:46:50 AM
I'm looking to set up an S9 in my house with only normal (for the US anyway) 110v outlets.  

The house does not have the dryer and/or oven hookups?
They are 220/240V.
A simpler solution, maybe, if you are renting by yourself.
I suggest to check the box outside, if you have an access to it, just do it carefully.

To be 100% clear though, having a single S9 in the house is torturous (as long it is not in the basement).
The sound that this machine makes is simply incredible and not in a good way.
5282  Economy / Speculation / Re: Analysis on: February 16, 2018, 04:55:45 AM
from masterluc:

Десяточка моя, серебряная
На золотом блюде поставленная!

The first line corresponds to 10k [not sure why it is in silver, maybe see further comment by Victor Tarasenko below his post]
The second line most likely corresponds to some technical pattern, which I am not familiar with.
Is there such a thing as "golden saucer" in TA?
I know that there is is a rounded bottom or saucer pattern.

Most likely meaning is that we reached 10k in a round bottom/saucer pattern [not sure why it is golden though], suggesting further upside [as it happens in saucer patterns].
This is a rephrase of a kazak song:
http://a-pesni.org/kazaki/tcharotchka.htm

I think it's merely a reference to his previous idea that the price will fluctuate around 10k.

Good one, thanks.
I disagree anyway; I don't see how it would stay flat.
Maybe a large zig zag with 10K average to 'get rid' of both bulls and bears and basically exhaust everyone.
5283  Economy / Speculation / Re: Analysis on: February 16, 2018, 01:18:36 AM
from masterluc:

Десяточка моя, серебряная
На золотом блюде поставленная!

The first line corresponds to 10k [not sure why it is in silver, maybe see further comment by Victor Tarasenko below his post]
The second line most likely corresponds to some technical pattern, which I am not familiar with.
Is there such a thing as "golden saucer" in TA?
I know that there is is a rounded bottom or saucer pattern.

Most likely meaning is that we reached 10k in a round bottom/saucer pattern [not sure why it is golden though], suggesting further upside [as it happens in saucer patterns].
5284  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 15, 2018, 02:55:18 AM
If bitcoin doesn't break $9500 this week we all fail. as humans

9600 on polo, humans are still OK  Grin
5285  Economy / Speculation / Re: McAfee Speculation Thread on: February 15, 2018, 02:47:56 AM
Let's the focus on the other thing McAfee said for a change.  Eating his d*ck on national TV.  Lol.  It would be great to have him here in BCT, among the low lifes, and interact with us.  Grin

img snip

Do you guys think he'll come by if someone reaches out to him on Twitter or something?  I heard he's game.


90-99% sure that he was on BCT at one point or another.
5286  Bitcoin / Hardware / Re: Who likes pod miners? on: February 15, 2018, 02:39:27 AM
I'm fairly sure I'm ok with the jumper version... Can someone explain what that actually means? Sounds like there is just a wire that isn't as pretty as the final version?

Judging by 2pacs seconds jumper situation (if applicable here), it might be a tiny thin wire connecting two spots on the mb.
On 2pacs it was maybe 3mm long and so thin that I had to use the mag glass lamp to pinpoint it.
5287  Bitcoin / Pools / Re: [45+PH] KanoPool kano.is BEST 0.9% fee PPLNS US,DE,JP,NL,NYA 🐈 on: February 15, 2018, 02:07:01 AM
hey, maybe moving house is a fast block 'cause' and chicken sacrifice is irrelevant?
 Cheesy
5288  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 14, 2018, 04:31:57 PM
Volume surging. Buckle up gents, I have reason to believe it will be a long, choo-choo weekend.

Could be this or could be some news coming (good or bad).
At some point I do expect some SEC, three letter etc "stuff".
5289  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2018, 06:39:41 PM
re age and bitcoin, it could be down to a few numbers:
2013:
americans 62 and above have $209K in wealth on average
americans less than 40 have just $14K in wealth.
https://www.stlouisfed.org/~/media/files/pdfs/hfs/essays/hfs-essay-3-2015-age-birth-year-wealth.pdf

however, you may also notice that 30-40 year olds have 30-50% more income than 62 and above.
I conclude that oldies have money, but don't have much cash flow-a perfect situation for them to do both things: buy btc (since they have more cash), and also mine it (since they have poor cash flow).
5290  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2018, 06:05:33 PM
My first attempt of using trading view...

The problem I have with these projected ‘bewildering lows’ is that they are planted just around the halvening. I just do not see this happening in 2020. If it happens, it happens in 2018 or 2019. But somehow, a full blown crypto winter seems far away. So that leaves 2018 as the most probable candidate, should a $2,000 scenario materialise.

Actually, I put in lows in late 2019 to be fair, then almost a flat with an upward bias until or close to halvening, then a takeoff.
But this is just a sketch with lines that could be drawn differently.
I guess my main point is a zigzag in 2018, hard down in 2019, recovery in 2020, then off to the races (higher).
I would like to see your projection, though.
5291  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2018, 05:30:17 PM
My first attempt of using trading view (don't have an account yet and tried for just 5 min).
Just a rough sketch of btc doing something similar to an 'AMZN' chart of the early internet era.
Mind that from 2001 lows AMZN is up about 300X, so my prediction is not bearish at all going forward with 350K-750K projected in the future IF it matches AMZN tit-for-tat. However, I expect bewildering lows beforehand, although not soon.

5292  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2018, 02:36:40 PM
It seems the "old ones" doesn't understand what bitcoin is or the whole cryptocurrency. The so called experts are also old and calling all fud against bitcoin. Yet almost all crypto enthusiasts are the younger generation, mid 30's and below. There is the barrier. The technological gap between old and young. Give it a few years when we "young" are the old, then we'll see it flourish.

Early 30's here.  Wink

It's not how long you were around, but rather if you have a curious mind.
I have seen 60-70 year old professors to be faster on the uptake of the new technology than a 25 year old.
I agree that it is, perhaps, less common.
5293  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2018, 07:11:35 PM

Roubini invoking Trolly McTrollface now for BTC FUD propaganda campaign.

Trolly McTrollface...man, you made me laugh.
5294  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2018, 07:54:51 AM
The whole crypto world is kind of laughable right now.
The most ridiculous point is ALL of them are going up and down roughly the same %.
This is idiotic from a rational point of view.
One day up 20%, next day, down 20%.
Explanation: more FUD on Monday?
5295  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2018, 07:07:03 PM
lol

you guys seen the DOW?

Yeah, pretty amusing.

I'm wondering how far down it has to go before the MSM and Wall Street actually start freaking out.

They will bring it up, at least today, IMHO.
Freak out point at 200 MA (2539 on SP500?)
5296  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2018, 06:31:40 PM
I get the sinking suspicion Wall St controls the price now. I'm probably wrong, but I can't shake it.

I was suspicious too until yesterday. Today there is a clear decoupling between Dow and bitcoin.


They don't have time for a side play when their livelihood is at stake.
5297  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2018, 06:27:48 PM
Remind me NOT to invest in btc futures based ETF (when they come).
This is what happened to regulated, approved ETN:

https://finance.yahoo.com/news/market-experts-starting-see-parallels-financial-crisis-153200210.html

Quote
Reuters reported that the notes “were worth a combined $1.6 billion on Friday… But ended Tuesday at a more-than-92% discount to their closing value the prior day.”

Quote
Credit Suisse, which introduced the XIV fund in November 2010, announced on Tuesday that it would close the exchange traded fund (ETF) effective Feb. 21 and pay investors the cash value of their holdings, which could be close to nothing.

A sad story of XIV (what a name!).
5298  Bitcoin / Pools / Re: [50+PH] KanoPool kano.is BEST 0.9% fee PPLNS US,DE,JP,NL,NYA 🐈 on: February 09, 2018, 02:43:07 AM
Want to make a point re luck, CDF, etc.
Let me start with a point that long term luck is fine, I have no qualms.

In a more granular picture, if you started mining in May of last year, then you are "missing" about 14 blocks, give or take, which is about 4% of all blocks during that period. Granted, if you extend to one year, then you'll have what is expected, even slightly more.

As you can see by sheer number, there were much more blocks coming even a few months ago.
Kano cannot control how many miners mine here, but the result is that with a current trend of relatively stable hash, it would be difficult to 'gain back' those 14 blocks in a reasonable time frame.

In fact, going forward, you always have 100% luck expectation, there is no 'compensation' for bad luck.
That said, maybe he will have 110% luck for half a year, i would be fine with that.

In general, this used to be a much happier place, even when the luck was temporarily low.
Suggestion: need another 100-150 PH hash, pronto.
5299  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2018, 08:56:56 PM
Unrelated (mostly), but Dow is down 1033 900 poins back to the same 24K it bounced from on Monday.
at closing.
Ahem.

Jim Cramer talks about complete morons that "blew up the market"
https://www.marketwatch.com/story/jim-cramer-blames-a-group-of-complete-morons-for-blowing-up-the-market-2018-02-08

I told ya, messing around with bitcoin bull did them no good.
5300  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2018, 06:54:11 AM
I think MasterLuc has lost his edge recently, and I don't believe we'll languish for a year at 10K.

I think we are still within various of his suggested scenarios. This isn’t hard science but educated guessing.
Isn't hard science just very educated guessing? (Spoilers)

are you kidding?
maybe if we are talking about economic "science" and economists.
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