Bitcoin Forum
May 26, 2024, 07:43:49 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 [37] 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 ... 417 »
721  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 03, 2020, 04:13:10 AM
Or maybe it was before your time.

Ouch!!!

That's funny. Yer both relative n00bs, going by your reg date here in BTCT.

Some pilots have 20 years flying experience. 

Others have 1 year of experience, twenty times over.   
722  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 03, 2020, 04:10:24 AM
Lancet study from Wuhan market.  Average age of patients was 55.5 years old.  51% of patients had pre-existing co-mordity factors such as (51%) patients had chronic disease such as cardiovascular and cerebrovascular diseases, endocrine system disease, digestive system disease, respiratory system disease, malignant tumour, and nervous system disease.  

Of that (unhealthy) cohort, there was an 11% mortality rate.  Good job this forum isn’t full of unhealthy middle aged men. 

https://www.thelancet.com/journals/lancet/article/PIIS0140-6736(20)30211-7/fulltext
723  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 03, 2020, 01:48:32 AM
It looks like we are forming a falling wedge on the 1 hour. A bullish break will send us to $9560 within the next two days.

This aged well
724  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 03, 2020, 01:39:12 AM
Oh hai

725  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 01, 2020, 09:08:35 PM
Trump has overturned US ban on landmines.  Fuckstick. 
726  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 01, 2020, 12:31:43 AM
Let’s wait to see if healthy people in the West actually start dying.  Because they aren’t so far.
727  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 31, 2020, 11:18:11 PM
There is no real evidence to date that Coronavirus is a threat to anyone other than the immune compromised (which are under threat from everything).  

On that basis I am not that fussed.  


In 2017, there were 250,000 cases and 2,000 deaths from influenza in Australia.  So Coronavirus has some work to do to catch up to that.  
728  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 31, 2020, 09:25:04 PM

Nope, fucking scary actually.
But it seems not Trezors fault, the STM32 micro misbehaves when it is voltage "glitched".
Basically the device is useless as hardware wallet without replacement, except when the seed is protected by a BIP39 passphrase (which is what Kraken recommends as fix/cure).

^ Krakens blog article is really very detailed and well written. You need only a minimal electronic understanding to reproduce the attack. (<- Meaning the crims will be up to speed quickly).



wow, just wow. Hardware wallets only have one purpose, protect the private key. Is it really that hard to design a secure hardware? I wonder when they find a bug in ledger wallets which can not be fixed with a software update.

Good security is easy

Air gap, concrete, cameras, dogs, rapid response security contractors
729  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 31, 2020, 09:05:57 AM
Let’s see now, off the top of my head:

A history of bad behavior, including admitting that their service providers were selling that data?

So they replaced them.

Quote
Hiring a team that worked for oppressive Middle East regimes to silence dissent?

And is said team still silencing dissent in the Middle East?

Quote
Holding Bcash lol hostage for three months to pump the price?

'Hostage'. You funny. Under the circumstances, waiting for demonstrated value before acking seems reasonable.

Quote
A history of insider trading?  

_What_ history of insider trading?


1.  They allowed them to do it in the first place.

2.  Probably.  I have no idea.

3.  Does demonstrated value require active trading on other major exchanges for 2.5 months?  Very cute.  We all know why CB stalled releasing the fork coins for 3 months.

4.  I guess you don’t remember Roger Ver defending their insider trading on the basis you should want more, not less insider trading.  Or maybe it was before your time.
730  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 31, 2020, 07:38:12 AM
Let’s see now, off the top of my head:

A history of bad behavior, including admitting that their service providers were selling that data?

Hiring a team that worked for oppressive Middle East regimes to silence dissent?

Holding Bcash lol hostage for three months to pump the price?

A history of insider trading?  


731  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 31, 2020, 05:06:35 AM
I need BTC to go to US$ 75000 in 15 years.
Will it go that high ?

Yes
732  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2020, 09:01:02 AM
OK, corn. Need you at $20k ASAP pls. Would like to rescue Rick from wage slavery. Shit is getting fucking retarded at his job, yo.

Sheeit.

Hey now.  I thought it was $10k.
733  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2020, 07:56:36 AM
The 2% tail emission on Monero is too high, meaning it is not a deflationary asset.  

If it is not deflationary, then it underperforms as a store of value.


Tail emission in May 2022, when all 18.4 million Monero are mined, is 0.6 XMR per two minute block.

(0.6 x 30 = 18 XMR/h) x 24h x 365d = 157.680 XMR / year tail emission.
(157.680 / 18.4 million) x 100 = 0.85% inflation the first year. And then declining each year which probably amounts to less then is lost in tragic boating accidents.

Gold nowadays has an inflation (flow) of about 1.6%. Even in the first year of tail emission about two times as high as Monero. Gold has proven itself over a very long period to be a reliable store of value.

Think it is rather short sighted to just say: no hard cap so no store of value. And you have to remember Bitcoin is still an experiment in the grand scheme of things. Little Monero is experimenting as well and pays a small price for a guaranteed miner incentive + flexible block size (=scaling).

I am not going to argue altcoins here, but don’t only listen to the ones yelling the loudest (that is a comment to newbies reading, not you).


If you take into account lost Monero and remove those from available supply, the effective inflation rate is much higher.  If 30% of Monero are lost by May 2022, then the inflation rate is 1.2%.  The inflation rate is MUCH higher than Bitcoin which has absolute scarcity.  

Inflation may even increase if the rate of lost coins exceeds tail emissions. 
734  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2020, 07:38:43 AM
Do we really want to send them to coinbase? I understood they've been naughty in assisting agressive nutrino chainalyasis/analytic tactics.

Genuinely curious. What _exactly_ do you think they are doing to aid chainalysis? Divulging private customer data?

Yes
735  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2020, 03:16:56 AM
After more reading, I am not that worried about it.

People in Western hospitals are not dying.  The fatality rate seems very low and only the most vulnerable / compromised. 
736  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2020, 03:05:57 AM
NY Times says confirmed cases in China over 6,000
737  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2020, 01:24:46 AM
Hey, WO`s!!!  Cheesy

 Is there anyone here who can tell me what's wrong with monero?  Huh
Of course, aside from the fact that the monero aren't BTC.


Otherwise, having learned all the information available to me about him, I have too suspiciously positive an opinion about him...  Roll Eyes

It has unlimited emissions.  Which means it will perpetually underperform.  

Sadly, Monero is br0ke


So if I understand correctly your argument is a small ongoing emission forever, that continues to make there a value in continuing mining is equivalent to instant infinite coins? or troll?

Who will mine BTC after no reward, in your opinion? robin hood?   or perhaps  The hooded claw. Whoever you will be at their mercy.

It ok you will all be retired, for BTC its later on. Bum


It’s not a troll it’s a genuinely held opinion (which may or may not prove correct).

The 2% tail emission on Monero is too high, meaning it is not a deflationary asset.  

If it is not deflationary, then it underperforms as a store of value.

I am here for BTC and Monero as stores of value.   I am not that interested in them as currencies (although it supports their store of value use case).
738  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 28, 2020, 11:02:02 PM
Hey, WO`s!!!  Cheesy

 Is there anyone here who can tell me what's wrong with monero?  Huh
Of course, aside from the fact that the monero aren't BTC.


Otherwise, having learned all the information available to me about him, I have too suspiciously positive an opinion about him...  Roll Eyes

It has unlimited emissions.  Which means it will perpetually underperform.  

Sadly, Monero is br0ke
739  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 28, 2020, 10:57:55 PM
I really hope the major didn't really sell all of his stash at $4K-

The other day I stumbled upon one of the last posts of bones261 in another thread. It seems that he sold. Not that he had a huge stash, but still.

I wonder how many other good people we will be losing along this bumpy journey. Will never understand why people go ALL-OUT. Why not hodl even a little stash just in case... even if you lost faith?

When I see the first pages of this very same thread I see a lot of nicks that are no longer here. It is easy to notice because there are almost no hats. IIRC jojo is the first one that appears. I have always though that most of them already reached their targets and are now too busy spending their fortune while still hodling a good chunk of BTC... Maybe reality is much uglier than that.

HODL.



Just no.  

Buying Bitcoin on credit is a way to set yourself up for all sorts of bad thinking when the next inevitable dip comes.

By definition, mortgage money is money you cannot afford to lose.  

Don’t do it.  Find ways to invest smaller amounts.

Thinking about going all out is so 2015. (especially when it is down 50%+ from its ATH) That was the year I was afraid of bitcoin crashing to zero and I had no coins at that time. I was all out.

After I witnessed the pump in 2017, I realized that bitcoin cannot go to zero even if it wanted to. (What...You thought bitcoin wasn't a living organism?)

People just won't let it happen. (It is certainly not dying.)

I totally agree. I went almost all out in 2015 when I bought my Ducati for 30 BTC.

Now, not so much. on thursday I actually have an appointment with the bank to discuss "selling my house for bitcoin". That is, taking out a second mortgage on the huge surplus value of my house, reorganising my debts and then hopefully ending up with a sizeable amount to increase my stash. I mean, the money is free man, 1.55% is less then inflation....

No. 

Mortgage money is money you cannot afford to lose.

Only invest what you can afford to lose.
740  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 28, 2020, 07:02:32 PM
the only real way to confirm an 2019-nCoV infection is diagnostic testing like polymerase chain reaction (PCR) tests or electron microscopy, which may take several hours to complete and would be infeasible in a scenario like an international airport, where tens of thousands of people pass through every day.

Take samples as part of security.  Run the tests while the plane is in the air.  Anyone returns positive, scramble the F18s.  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 [37] 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 ... 417 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!