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661  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 28, 2020, 01:15:40 PM
via Imgflip Meme Generator

Gonna avoid this place I guess

I would bet Corona sales are rising with all this virus thing. If we are all gonna die, at least do it enjoying the taste of a cool Corona beer with a fresh lemon slice.

There's not such thing as bad publicity.
662  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 28, 2020, 01:10:19 PM
This is all nice and all... But I won't be really happy until we cross $10K.

Enough of this bullshit sideways.

P.S.: Well, not really... sideways is OK for a couple more weeks. Then I want to see some more ACTION.
663  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 28, 2020, 03:59:01 AM
Weird enough every time I read Wuhan I think about Jihan Wu. Seriously.
664  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 28, 2020, 03:06:58 AM
Long term, I am not sure that having an association between disasters and btc price is a good thing.
On the other hand, rightly or wrongly, WO always prognosticates high btc prices if and when fiat system collapses.
Mixed feelings on this one. Having lots of money when put in the casket is not my idea of fun.
No shit, be buried with a BIG WALLET!!!

Come to think of it mass deaths would be good for surviving hodlers as many coins will be lost forever.

But but... mass deaths would probably mean RE prices drop due to reduced demand! Sad

Oh wait, it also means I will be able to buy moar RE with my BTC.  Roll Eyes

Ok... nevermind... just let it be.

Now being serious... Don't you guys think this virus thingy is already being a bit overrated?
665  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 28, 2020, 01:35:38 AM
100BTC *Buy* wall at 9100 spotted on Bitstamp!

I see it

the first on topic post in months

Yeah, I almost cry when I finally saw a wall worth observing lol

Oh fuck, has it died?

P.S.:

02:34:17 9100 11.6989
02:34:17 9100 71.7880

Rip.
666  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 28, 2020, 01:31:39 AM
100BTC *Buy* wall at 9100 spotted on Bitstamp!
667  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 28, 2020, 01:19:21 AM


Ohhh yeah, it's time to remember my little silly game!

https://bitcointalk.org/index.php?topic=178336.msg53642996#msg53642996



($10K+) TENacious Badger Challenge


Inspired by LFC's Vegeta Challenge, I present you my little "TENacious Badger Challenge":

As I am a little poor and stingy this is not about the money, there will be a symbolic prize of *TEN* US DOLLARS (lol) in Bitcoin (exactly 0.001BTC at $10K) for whomever is first in posting a badger after Bitcoin price crosses $10K. In addition to that you will surely earn the admiration and awe of the entire WO community for your superhuman badger-like reflexes! ... And maybe even some additional merits depending on the awesomeness factor of your very own badger post!

Rules:
====

1) Bitstamp price needs to be *OVER* $10K. Nothing can stop the TENacious badger... the fight is not over until the enemy completely bites the dust.

2) There will be only ONE winner that (in case of doubt) will be decided at my sole discretion based on whatever evidence I and other fellow WO members see.

3) I can change (only slightly for improvement) the rules at any point BEFORE the $10K goal is reached.  I will welcome suggestions too.

4) As I don't like to have standing "liabilities" FOREVER, this challenge is valid only FROM RIGHT NOW and during January and February 2020. I may later extend the period at my discretion if $10K has not yet been reached. I hope this won't be needed.

5) I have just realised that "Tenacious Badger Hops" is an already existing brand. This little challenge is in no way related to that brand in any way so, to avoid ANY possible confusion, their very own logo (nor any derived work) WON'T be accepted as a valid badger.

6) I am unsure if I should enforce the rule of posting a screen capture of Bitstamp chart to make sure the price has already just been been crossed. I accept suggestions about this but, in the meantime (if price were to cross $10K sooner than I expect) it IS REQUIRED and should be posted at the same time along with the badger. The edit button can't be used after you send your initial post. I don't (currently) know how I could 100% verify this but please don't do it: This is just for FUN.

Again, if someone thinks I should change anything or I am forgetting anything/making any mistake, please tell me! This is my first time doing this.

Also, Even if you are late to win or can't be arsed to include the Bitstamp chart, please post your badger. You won't qualify for the "prize" (lol), but I am sure we will all love to see many badgers in that "special" moment.

Go badger, go!



668  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 28, 2020, 01:10:05 AM
How soon is it broken?

YES!  Grin
669  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2020, 08:22:23 PM
oh god

he's back

$2k soon? weeeeeeee Tongue
670  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2020, 08:20:50 PM
Christ all you people can't you stop talking for one rotten minute? Some of us are trying to think over here.

Volume is still looking nice.

People seem confused and disorientated. Like they just got hit on the head with a hammer, while wearing a hat, before eating it. Roll Eyes

Something is wrong with the mayor. seems confused. too much herb?

He's fine. He's right where I left him. Wrapped in plastic.

Now, can we please stay on topic.

I'm trying to think!
671  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2020, 06:47:09 PM


It has intrinsic value but part of that value is that it has the potential to replace currencies. They actually call it a cryptocurrency...so maybe it should be used as one.

The trend has not been toward more uses in spending but less. I have to agree with Mark Cuban on this one...if you can't use it other than just speculating on it, then what's the point? Just speculate on any number of other things with limited amounts.

My hope has always been that it will replace the dollar. Without the dollar, the US cannot print money out of nowhere to fund its endless wars.


I do agree in that part of the intrinsic value is it being a means of payment. I have indeed used it sometimes (few to be honest) for payment. Graham's money rule applies strongly here though. Why use "good" (BTC) money instead of "bad" (FIAT) money for spending? That is a consequence of having other qualities such as (a huge) potential of appreciation. When that vanishes maybe you will see more usage as a currency.

But... replacing the dollar? Replacing the US (or any other state) "printing"? I donno. I mean... one of the most important ways of control states do need and use is "printing of money" to balance economy. I know it is a libertarian thing to think that if Bitcoin would succeed it would go and replace FIAT and stop the "printing press". I don't think so. They would find a way to control the economy no matter what. Otherwise they would never let BTC (or any equivalent decentralised cryptocurrency) succeed in replacing FIAT.

The dollar will eventually die, yeah, but I don't see how they will allow it being replaced by anything else that they can exert some amount of control over it.
672  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2020, 05:14:00 PM
Interesting if not exactly full of details...
https://cointelegraph.com/news/new-research-shows-bitcoin-denominated-payments-still-a-fantasy
Quote
Transaction fees could play a part in this. The change returning to the sender in a transaction usually has a higher precision due to the need to subtract the fee, which is calculated in satoshis per byte.

The report highlights this as a possible privacy improvement. As the amount of high-precision transactions increases, it becomes more difficult to understand which part is the actual money sent, and which is the change.

This frustrates me as my support for Bitcoin is as a currency, not as some sort of replacement for gold to be exchanged and used for long term savings. The plan was to replace fiat...not just exchange value in fiat.

I have not seen anything to get my hopes up on this at all. When BitPay turned into BitCashPay we lost a major advance toward using Bitcoin as a currency. I have learned that BTCPay is a great solution for this but most companies just want to sign up for a service and have money deposited in their bank accounts.

I have had to move from paying my hosting services in bitcoin to dusting off the old credit card.

Years ago I started work on a cheap, simple device to put in a retail store so they can easily accept bitcoin without having any knowledge of bitcoin. Now I feel like if I were to approach a business owner they would start talking to me about "crypto" and shitcoins and get lost in the speculation of it all...finally passing on plugging in my device.

Oh well, maybe another ETF to make the price in fiat go higher...

yay

Yet you have already handsomely profited from the SoV and appreciation due to scarcity qualities of BTC?

I mean... Bitcoin is working as intended... If there wasn't an intrinsic value to it (including speculation/appreciation) why would it hold any value as a currency? How would it be different than just "numbers" in a bank account referring to some FIAT debt waiting to be repaid by another person?

It all goes to the hand to me. It just needs to hold some value to a more widespread public and it will end being a better means for payment. Not the other way around.

Also, mainstream adoption needs more time... and if it that adoption is led by greed... well, that is a great motivator I think. So just let it be.

673  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2020, 04:51:00 PM
Damn you JJG, you’re way too observant in this thread.

Insert boating accident quip

All individual stash speculations are based on past data provided by the respective individuals... which could even be lying or intentionally misleading. So every calculation could perfectly be wrong or just completely outdated.

You don't even need a "boating accident" to wipe out all your past stash. Margin trading accidents also happen. Wrong decisions. Or just huge expenses.

Definitely agree with all this.
Plus all estimated stash amounts will be way outdated near the next bull run peak regardless. Most of us will be wanting to take life changing money out then, no?

Yep. I know I have said in the past that I was a "double digit" BTC hodler but:

1) I could have been lying or misrepresenting reality.

2) That was in the past. That could have changed already.

3) Maybe I can not access my stash anymore. Haven't tried lately to be honest so maybe that is true even if i don't know it!

4) Even if it is still the case, that could substantially change soon if I decide to sell some. Or maybe I already did? Who the fucking knows.

SCHRODINGER STASH!


I may or may not have been stacking thousands of satoshis.. or even six-digits satoshis,  you fucks!!!!!   Angry Angry Angry

You can't fool anyone. You are also a two digits schrodinger stash hodler. Maybe two digits satoshis though.
674  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2020, 04:23:09 PM
Damn you JJG, you’re way too observant in this thread.

Insert boating accident quip

All individual stash speculations are based on past data provided by the respective individuals... which could even be lying or intentionally misleading. So every calculation could perfectly be wrong or just completely outdated.

You don't even need a "boating accident" to wipe out all your past stash. Margin trading accidents also happen. Wrong decisions. Or just huge expenses.

Definitely agree with all this.
Plus all estimated stash amounts will be way outdated near the next bull run peak regardless. Most of us will be wanting to take life changing money out then, no?

Yep. I know I have said in the past that I was a "double digit" BTC hodler but:

1) I could have been lying or misrepresenting reality.

2) That was in the past. That could have changed already.

3) Maybe I can not access my stash anymore. Haven't tried lately to be honest so maybe that is true even if i don't know it!

4) Even if it is still the case, that could substantially change soon if I decide to sell some. Or maybe I already did? Who the fucking knows.

SCHRODINGER STASH!
675  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2020, 04:12:39 PM
Damn you JJG, you’re way too observant in this thread.

Insert boating accident quip

All individual stash speculations are based on past data provided by the respective individuals... which could even be lying or intentionally misleading. So every calculation could perfectly be wrong or just completely outdated.

You don't even need a "boating accident" to wipe out all your past stash. Margin trading accidents also happen. Wrong decisions. Or just huge expenses.

I have seen people LITERALLY wipe out (FIAT) millions in a short amount of time. And we all know Searing inclination for play girls Tongue


P.S.: I seem to recall some post about how jbreher lost *15,000BTC* on a bad investment in the past. There's that as a great example.
676  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2020, 03:59:11 PM
@ Searing, I could have told you for free that selling 13BTC for $3xxx last year was a bad idea.
I hope you still have at least 20-25 left because that was a bad move, brother.

He still has WAY more than that. I don't consider he did so wrong (it is easy retrospectively) selling at around $4000K in his particular situation. Otherwise he would have probably panic sell way more at the final bottom ($3.2K).

I am of the opinion that selling what he NEEDED at that time, made him a stronger hodler for the rest of his more than healthy stash. A price that had to be paid to have some peace of mind.
677  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2020, 11:06:55 AM
Ready for take off and 12h flight

The dude will be silence for some time now !

Into HODLsky

12h? mmmhhh, you going to LAS?

Have a nice HODLsky!
678  Other / Meta / Re: Yet incomplete Merit system. Implementation Proposal on: January 27, 2020, 02:19:24 AM
Your proposal is not only incomplete but it is also NOT an *implementation* proposal.

The Merit system is not "incomplete". If (you) feel that there is a need for more merits in the system that is fixed either by adding more merit sources or by increasing their merit airdrop.

There is a reason why for one Merit received you only get one Smerit to give and that is precisely to decay merit "cycling" between "regular" users. OTOH, merit sources are somewhat more screened and more appropriate to handle any additional airdrop of merits IF there was really a need to introduce more merits into the system... which is very arguable but a reasonable concern.

And everyone is free to apply as a merit source.

Quote
of course to users who would be juged to deserve it better

How is that any different than merit sources?
679  Local / Mercado y Economía / Re: Testimonio de Joaquín Fenoy desde sus inicios a lo sufrido en los ultimos años. on: January 27, 2020, 01:37:23 AM
Un año después... Alguien ha vuelto a saber algo más de este caso?
680  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2020, 12:30:22 AM


A very little push higher ($8.6K+) and closing the weekly candle over the upper white line would be good.

(*) Bitfinex chart.

Good enough:

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