$20k before Feb 1, who else can feel it?
CPI tomorrow, if data good yes, else no. Meh, they got their thumb on all the markets rn. I think we've got at least 4-5 more months of sideways. Now is a great time to DCA. When bitcoin suddenly and for no reason jumps back to the $23-25k range and stays in that for long time, it's on like Donkey Kong. Give us DK Well I am not quite ready for a 10k candle maybe on Jan 27th Lets see how we do by Jan 27 |
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well my Friday DCA hit so that makes for 12 Friday's in a row.
New miner arrived today so I will set it up later today.
Looking for more miners soon.
Mine should have hit at 17.2k I just logged in and discovered that I put in a buy order for 25% of what should have been 100%. So...Missed out on this pump. Thanks OBAMAWell, hopefully this wasn't your first DCA. I know it's nice getting weekly payments in Bitcoin for anything you can, including buying it. Especially at these prices. This is just the turning point of the 4-year cycle. Traders getting excited about pocketing little gains here are going to look back and wonder what could have been had they held from the bottom to the coming top. Sure, we may see a correction soon as this short term rally runs out of steam, but make no mistake about it. People are accumulating and accumulating a lot. This isn't just another bear market rally as some will tell you. This is the turning point. How do I complain about starting to buy in nov. 12 x dca and three dip points at 16.2 15.9 15.7 like 23 or 24 fiat pieces of btc and 300+ fiat pieces of btc mining gear. I pivoted from my meth mining (thanks Mr V) Still looking for more btc mining gear. I do not want a Bart pattern I want this one below ____________________________ sideways at 20.5 -22.5 for at least six months ____________| | | | ________l |
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well my Friday DCA hit so that makes for 12 Friday's in a row.
New miner arrived today so I will set it up later today.
Looking for more miners soon.
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I doubt that the majority of users/money prefer a fork where coins can be moved without having the keys. There are already enough shitcoins
I think one of the reasons is that it is possible to make a lot of profit in a very short time, which is the reason why most users move towards it, and I don't think there is any other reason. Only miners would make a profit. Why would "most user" prefer to inflate the highly liquid supply? dude asic builders would profit the most. And if anyone can do a 51% attack it is bitmain look it is not something to worry about today or tomorrow or 2024 or 2028 or 2032 or 2036 or 2040 but 2024 = 3.12500000 2028 = 1.56250000 2028 = 0.78125000 2032 = 0.39062500 2036 = 0.19531250 2040 = 0.09765625 I will be 83 and talk for this idea will be more than just me. Or maybe the switch to LTC/DOGE will be getting pushed This is what I see as long term BTC problems for today I am fine with holding and DCA's my btc |
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Regarding ColdKey, the project may look cool and satisfy some coiners' egos or whatever, but from the very beginning it was an idea based on trusting the creator, which is an instant no-no when it comes to Bitcoin. I personally would not trust my keys to anyone (not even my parents or siblings or GF/wife or whoever else). Not because I don't love them or trust them in the general sense. But it is a fact that all of us are human beings and are thus prone to mistakes and weaknesses, which can lead to compromising the security of whatever it is we want to protect.
When it comes to Bitcoin, you keep a low profile, NEVER reveal your keys to ANYONE, never advertise specific amounts or even ownership of any coins, never brag about how rich you are, and never compromise your OPSEC.
There's no need for ColdKeys. The best ColdKey is stored in our neurons, and should stay in there, and stay immaterial. Just like Bitcoin.
I agree with everything you've wrote, but I disagree if you wouldn't trust anyone with your keys because we're humans, we're not eternal in this world and we don't know when we left this world. I don't think you would abandon all of your money you've make until right now, there's must be someone need to take over your Bitcoin and continue your journey to hold it. At least your child need to know your keys, of course after they're matured, know about Bitcoin and already understand about money management. If you die without giving the keys to anyone, the value of your stash will be distributed among all existing Bitcoiners... I suspect frozen stale addresses with no outgoing withdrawals will one day be forfeited and add to mining rewards. Maybe starting in 2064 as the 2009 transaction would be 55 years old. So never having a death plan for your coins means they will likely go back to miners one day. That would mean a fork right? I doubt that the majority of users/money prefer a fork where coins can be moved without having the keys. There are already enough shitcoins Besides that whole idea is utter crap. Who would decide the exact time limit and why would you suspect the coins to have no rightful owner? You can pass your keys to your descendants for generations without moving the coins. Be prepared for some JJG batslapping  We are talking about human beings. So block 1000 or 1009 what ever never withdrawn or moved. year 2064 55 years stationary . I am 107 in 2064 so not for me. Very easy peasy to say any block 55 years old needs to show it is not lost. Just move some coin from it. In fact you have control of said block and address you can leave 50 coin in it. just add 0.001 and then remove 0.001 to prove it is not abandoned. I will very likely be long gone by 2064 but rewards will be tiny and all those fat frozen blocks from 2009 will look very very very very very tempting. Think of what 50 coins could be worth in 2064 2 or 3 million a coin 100 or 150 million dollars. I truly would love to see that action when and if it happens. |
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This incident should be better known to the community and law enforcement. What if the pool operator isn't doing this? Maybe someone can write a press release. There are free press release services out there.
http://mmpool.org/ MMPool is just a static news page today. The rest of the site links serve the same news page. The bitcoin node is offiline since about Jan 12, 2023 01:30 AM UTC https://bitnodes.io/nodes/193.29.105.150-8333/MMPool News 2023-01-12
The pool server is down while it is being rebuilt. This status page exists to keep up to date with progress. Investigation is continuing towards tracking down who infiltrated the server. A forensic examination of the server is underway. For any questions please email admin (at) mmpool.org. I encourage any pool user affected by this to email and get in touch. Any other communications medium other than that account does not represent the pool. Any help or advice appreciated.
I lost a very small amount, around 0.007 btc, but it still pisses me off because to maintain that little bit of coin over the last year cost a metric shit ton of power and money! I truly feel for ctya and completely understand his anger! Very sad. I mined here for 8 years. I collected a lot of BTC over time. I think I lost 0.01 btc on this block I can live with it. But it is sad whether it was the pool owner or a hacker it is sad. Now coins are going up so it hurts even more. |
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Regarding ColdKey, the project may look cool and satisfy some coiners' egos or whatever, but from the very beginning it was an idea based on trusting the creator, which is an instant no-no when it comes to Bitcoin. I personally would not trust my keys to anyone (not even my parents or siblings or GF/wife or whoever else). Not because I don't love them or trust them in the general sense. But it is a fact that all of us are human beings and are thus prone to mistakes and weaknesses, which can lead to compromising the security of whatever it is we want to protect.
When it comes to Bitcoin, you keep a low profile, NEVER reveal your keys to ANYONE, never advertise specific amounts or even ownership of any coins, never brag about how rich you are, and never compromise your OPSEC.
There's no need for ColdKeys. The best ColdKey is stored in our neurons, and should stay in there, and stay immaterial. Just like Bitcoin.
I agree with everything you've wrote, but I disagree if you wouldn't trust anyone with your keys because we're humans, we're not eternal in this world and we don't know when we left this world. I don't think you would abandon all of your money you've make until right now, there's must be someone need to take over your Bitcoin and continue your journey to hold it. At least your child need to know your keys, of course after they're matured, know about Bitcoin and already understand about money management. If you die without giving the keys to anyone, the value of your stash will be distributed among all existing Bitcoiners... I suspect frozen stale addresses with no outgoing withdrawals will one day be forfeited and add to mining rewards. Maybe starting in 2064 as the 2009 transaction would be 55 years old. So never having a death plan for your coins means they will likely go back to miners one day. |
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Price bump brings in more hash. Probably going to end up with a double digit difficulty rise. This is why we can't have nice things  Actually the diff is a bit less than it was earlier it was over 11% this indicates that A) most gear is now online B) next jump will be far lower than this one. this jumps comes in 2-3 days |
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BTCump for those who missed it on the last page  I may be slightly biased but I think it's a wonderful idea Seems there has been a bit of a travesty related to ColdKey cards. Trust has been breached. https://bitcointalk.org/index.php?topic=5434506.0 TL;DR OP was notified their ColdKey cards had been swiped and then the "me too" posts followed. Somehow the keys had been compromised and the bitcoin moved. https://bitcointalk.org/index.php?topic=5434506.msg61586158#msg61586158TL;DR Apparently owlcatz spoke, over the phone, to yogg who said that he found some old key files he hadn't burned and cashed them in to feed his gambling addiction - not only unfunding the cards but also destroying their value as collectibles in the process. Apparently, not all of the cards are compromised but the trust is gone and many people have peeled their cards to get the funds before they were stolen. Based on these revelations, I no longer believe the ColdKey hat edition is a wonderful idea. oh well |
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by doing calculations with economic experts they have disvored next prices.
If you live in generally canada you should earn at least 3500 in order to function normally.
Euro zone it's about 3500 EUR
In USA it's varied but If you live in los Angeles or new York it's a 7000$ + for sure
In UK London is more expensive but its about 4000 + for sure.
The goverment should restrict prices of rent for example If you rent out the Property goverment should check what could be the price of rent so to make sure person who rent will not use most of the work salary for rent
If we talking about countries like Norway where food price Are very high then Norway minimum wage should be atleast 100,000 NOK + it's about 10,000$ value.
Business who dont comply with minimum wage rules should get highest penalty and not allowed to operate anymore.
If person have more skills and experinces then salary should go up immediately otherwise penalty for company.
If we do this then instant paradize all around the world
I assume that you are using a take home monthly number. For my wife and I taking home anything over 6k means we do not have to touch savings. |
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Proudhon predicted on Jan 9 we would fall back under 17k by Jan 14 and never have a 5 day stretch over 17k this year.
so the next few days are critical
Fuck proudhon... that donkey-breathed nincumpoop.Oh tomorrow will be my 12th DCA buy.
Your DCA buy average going UPpity.. How does that make you feuwls? Even if you are a seemingly late bloomer to DCAs, should have been more serious about these DCA buys in 2018, right? Right? Right?  Another thing.. maybe this is pick on philip day?.. but decisions are made regarding cashflow.. and yeah.. you have a business to run.. so decisions are made in terms of the use of those kinds of cashflows, too. right? right? right? Just keep selling and doubling down each time.. Sooner or later you are bound to be korrect. That's how Martingale betting strategy wurks.. ... doesn't uie-pooie not know nuttin?#This is financial advice. Well while I did 11 DCA buys nov 4 to Jan 13 for 11x fiat units of corn I did 12x in dips : 4x at 15.7 4x at 15.9 4x at 16.2 so that was 23x fiat units of corn but I also purchased over 300x fiat units of BTC mining gear. Sept 2022 to Jan 2022 So I was able to prep for up. If indeed we really are going up. So if we do a 10k candle and stay at 28-32k my btc mining will do very well. Remember DCA via btc mining gear is as viable as DCA via BTC |
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In life we have different folks with different likes and preference. There are people that chosed to go into business as businessmen from scratch and turned out to be business tycoons and movers and shakers of the industries with some few years in business. While on the other hand some other person chosed to be employees as in working for those that owns business organisations/companies and yet still made it in life to an enviable climax. Perhaps cause that's what they love and have enthusiasm for rather than being an entrepreneur which perhaps might not have worked out well for their career eventually. Either way, be it a business owner or an employee there are some other people who venture into either of them made no success too. Life can be somehow unfair, right? No! Life isn't unfair, for that's how the cosmos works. So everyone can't just win on a particular thing, definitely not everyone Now let's have a discussion about it all, for between being an employee to work for some other person's establishments/organization/company and rather taking time/years to establishing your own company and not working under an employer but rather you being the employer, which will you chose and please ensure to back up your choice with reasonable thoughts, as it could be a guide to some other person's that might be reading this tread. Let's begin! Good topic. If I was a star employee Aaron Judge Tom Brady Ronaldo I would likely want that. |
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I would only be impressed if Ronaldo had a male for his bed partner.
The fact he can consort with an unmarried woman and he is not married to another woman is fairly easy to be swept under the carpet.
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Will 18K hold or....
I think we still have to see the results of the CPI, if indeed the numbers are above the predictions it is very likely that bitcoin will go back down but if it is indeed below the predictions the possibility of $19k is possible I think. CPI is posted a few post back. We did a pivot and the first drop in 1 month since 2020. So we wait on the fed for rate adjustment. I am thinking + 0.25 may be the next adjustment. That should be a positive for BTC. |
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There are regions in Russia with a price of 0.01-0.02 USD/EUR/kW, such as the Irkutsk region. In large-scale production, electricity prices are cheaper due to large consumption. Prices for citizens are regulated by the regulations of the energy commission in each region. And the price does not depend on the consumption of 100 kilowatts or 15,000 kilowatts. The problem of many villages in Russia is that there are very old transformers and if the miners turn on their mining farm, then the voltage in the electrical network drops. Residents are complaining, power engineers are starting to look for miners. But in these cases, have the authorities shut down the miners? Are there fines or worse things going on? What is the possibility that a benefactor miner wants to improve the locality's network? It's possible? In regions with cheap electricity, villages are usually built to rent out to miners. If the power engineers come with the police, they can confiscate the equipment. Then, through the court, the power engineers can force the miner to pay at the commercial rate. If you are talking about replacing transformers and electrical wires in the whole village, then it is very expensive. This will require coordination with energy organizations, fire departments, and will take a lot of time, but you will still have certain consumption limits. It is not profitable. LOL, residents complaining is the source of the problem. it is the voltage drop where lights flicker and dims and motors run weird since the ideal running voltage is too low. miners should redistribute miners according to distribution transformers, if voltage start to drop to 200-205v in transformer A for homes number 1-10 then proceed to transformer B for homes 11-20 for expansion, or let the power company install a transformer if you can but that will probably get their attention to the mining operation. In the Russian village there is no Transformer A, Transformer B, and Transformer C. I am not a power engineer, but about 60-100 houses are connected to 1 transformer of 330 kilowatts. In Russia, electricity is sold by one company, while another company (2) maintains transformers and wire lines. The company that sells electricity pays money to the company (2) for the service. For company 2, the installation of modern transformers is a loss. The cities have more modern energy systems, but electricity is more expensive there. Therefore, when several cunning miners connect to the village transformer, the voltage in the power grid drops and the evil Russian people go to beat the face of the local power engineer. And then the whole village is looking for miners Please do not be insulted, but I am picturing an old movie with a few dozen people with pitchforks and torches. instead of going after Frankenstein’s Monster they are going after s19s. |
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Twitter Developing ‘Coins’ Feature With Stripe Payments
I don't care with any shitcoin, this is Bitcoin forum. Well it is an attack vector to keep an eye on. |
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CPI is in https://www.usatoday.com/story/money/2023/01/12/cpi-report-data-release-gas-prices-inflation-december-2022/11034854002/CPI report shows fall in gas prices helps inflation slow again in December ... Inflation eased substantially for a third month in December as tumbling gasoline prices and a moderating rise in grocery bills offset another surge in rent. Consumer prices increased 6.5% from a year earlier, down from 7.1% in November and a 40-year high of 9.1% in June, according to the Labor Department’s consumer price index.. That marks the slowest annual gain since October 2021 and matches economists' estimates. On a monthly basis, consumer prices fell 0.1%, the first monthdecline since May 2020.What does core CPI mean? Core prices, which exclude volatile food and energy items and better reflect longer-term trends, increased 0.3% from November following a 0.2% bump the previous month. That lowered the annual increase from 6% to 5.7%. that -.1% is a pivot very likely we see .25 rate jump and not .50 I am thinking we are going to be okay Proudhon predicted on Jan 9 we would fall back under 17k by Jan 14 and never have a 5 day stretch over 17k this year. so the next few days are critical  |
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